Later Retirement In Old-Age

Original posting, July 2006

Apparently, 16% of older employees are willing to work on to a later retirement age. So devastated have retirement finances been manipulated, the prospects of a very difficult retirement have persuaded people to become compliant and accept a reduced retirement period before a 'natural' death.

The upside for government by this manipulation is there will be far fewer years of old-age-pensioner status if it is ever attained.