LEGISLATIVE ACTION IS NEEDED NOW.

I am back to my theme for the need to revisit our outdated labor laws. They hurt women and those over 60 interested in reFIREment. I’ll deal with the women over 5o issue in another blog. We are kicking out of the labor force, the best minds and most experienced workers and under our current outdated laws will continue to do so. As Wendy a colleague of mine and founder of www.genplususa.com has pointed out “Because of labor laws that were written to protect a growing work force decades ago, it is now impossible for an employee to both draw pension and work for the same company at the same time. By law, when an employee reaches the accepted age of retirement for that pension plan, they must start drawing from it. At the same time, they must no longer be employed by the holder of the pension fund. The problem is already here and in 5 years (by 20011)this will start to become a workforce pandemic as Boomers start to turn 65 at a rate of one every eight minutes.” Something must be done now. These laws will impact you. What are your ideas?