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Creating Healthy Organizations |
2009 Quality Worklife-Quality Healthcare Collaborative Summit.
For more on Graham's presentation at the summit.
Making the Workplace More Satisfying
Graham's interview with Shelagh Rogers on CBC Radio's "Sounds Like Canada"
Germany raises retirement age from 65 to 67
(Sunday March 11th, 2007)
This move is very controversial. Germany's trade unions are protesting pension cutbacks for millions of people. Under the new law, anyone retiring earlier than 67 will have their monthly pension cut 0.3 percent. Unions disagree that the law will solve the pension funding crisis. Critics point out that there are not enough jobs for older workers to continue working at.
In Germany, companies made use of generous state-funded early retirement schemes to shed millions of older staff. Less than half of all Germans aged 55 and 64, still work here compared with 70 percent in Sweden.
For its part, the government is launching new programs aimed at creating more employment opportunities for older people. Furthermore, anyone who has worked for 45 years (such as manual workers) are still permitted to retire at age 65. And the phase-in is gradual. The new retirement age will be introduced starting in 2012 and ending in 2029.
With a rapidly aging population, employers anticipate having to change their employment practices to keep older experienced workers in the workforce.
For full story see article in www.dw-world.de | Deutsche Welle.
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