Sociology 3308F/G Lecture Notes - Lecture 7: Collegehumor, A Generation, Mandatory Retirement
Document Summary
Increased life expectancy due to improvements in health. 3 historical examples: 2001: those aged 65+ is around 12, 2011: those aged 65+ is around 14, 2021: the ages throughout the population even out. As the baby boomer cohorts are aging, they have a huge impact on the aging of a population. Older workers : 45-64 see a larger compliment of older workers within the workforce that are getting close to retirement. Fewer workers within the labour force compared to those retiring from the workforce. Lots of adjustment of policy changing of retirement ages to reflect these changes. Changes in transition from work to retirement (marshall article) Changed dramatically over time: work like ended at death. Wasn t a period of retirement per say: now a nearly universal period of retirement. We see a normative life course that ends in a period of retirement that occurs around a certain age in north america: created by the corporate world and governments.