Recommended Retirement Age

Retirement age varies from one country to another. In some countries, workers are obligated to retire at the age of 50 while workers in other countries retire at the age of 65 or 70. Considering employment policies on retirement, I believe that retirement age must be relative and depend on the skills, competencies, and capabilities of workers. I believe this would be a better practice than strictly implementing retirement age policies because the health conditions and capabilities of workers, despite being the same age, may vary. Some 50 year olds, for instance, are sickly and would need to retire early while other workers in their sixties are still capable of fulfilling their roles and responsibilities in the organization (Boudiny, 2012).

Fotolia_55767668_Subscription_Monthly_M1

Another reason why retirement age must depend on the health, skills, and capacity of the worker is because of the value of experienced workers in the organization. Senior workers who have been in service for many years are highly experienced, and therefore, efficient in fulfilling different tasks in the workplace. Senior workers also play a role in mentoring young and new employees so they may learn skills and competencies that workers may only do so through experience (Hairault, Sopraseuth, & Langot, 2010). Hence, organizations may still benefit from the knowledge and wisdom of senior workers as long as they remain capable of working.

Overall, organizations should not strictly implement retirement age policies considering the foregoing possibilities. Some workers who have reached retirement age are still capable of working while others young workers who have not reached retirement age are incapable of fulfilling their roles in the workplace. Hence, retirement should depend on the health condition and capabilities of workers. Furthermore, organizations may still benefit from senior workers by allowing them to mentor young and new employees.

Back to Top