Old age a 'burden' to employers
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Old age is "an illness for which there is no cure" for many employers, according to new research.
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Retirees shouldered a much larger share of their health-care costs in 2004 and should expect to pay even more next year, says a new report that casts an even dimmer outlook for people who are still in the workforce.
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Many companies are dropping their promise of health benefits for future retirees, who now might have to stay on the job longer and rely on government health care in their old age.
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An aging US population will strain public finances and hurt the economy without swift fixes to the social safety net, such as raising the age for
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Older investors are facing tough economic realities as a result of the disappointing U.S. stock market this year.
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People with conditions such as back pain and arthritis need to stay in work as much as possible, a UK report says.
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Changing benefits keep boomers working longer.
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Britons are finding it increasingly difficult to juggle full-time jobs with caring for their families despite government legislation aimed at cutting hours spent in the office.
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The state retirement age will not be raised beyond 65 but people should be free to work longer, the work and pensions minister says.
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The minimum wage system could be imperilled by a law banning age discrimination, a business group warns.
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Employers can reduce their health insurance expenses for retired workers once they turn 65 and qualify for Medicare, the Equal Employment Opportunity Commission has affirmed.
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WASHINGTON -- Unless Social Security and Medicare are revamped, the massive burden from retiring baby boomers will place major strains on the nation's budget and the economy, Federal Reserve Chairman Ben Bernanke said Wednesday.
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Will you be one of the millions forced to keep working for many more years?
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Older investors are facing tough economic realities as a result of the disappointing United States stock market this year.
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If you work after you've started receiving Social Security, you could lose some of your benefits.
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Some of the nationâs biggest companies will announce a new program meant to make health insurance available to their former employees ages 55 to 64.
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Retirees face a whopping medical bill in their golden years.