Federal Mandatory Retirement Age
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Retirement is a much romanticized concept in the United States of America. Americans find the age of retirement as a golden age because they can do so much with their life afterwards and they are always looking forward for it. The federal mandatory retirement age is 65 in the US. A person can still choose to work in part time jobs after this age, but they are not considered as regular employees.
Mandatory retirement age means that the person has to retire from a regular job by then and that also means that they will not be eligible for social security income based on what they earn after that age. However, there is no restriction on any individual as to how long on can actually work in a job.
However, the mandatory retirement age has been attracting a lot of negative publicity of late on the grounds of age discrimination. Many seniors feel that they are of no use because the federal retirement age is such that it has made life difficult for them. At the time of recession, even aged people find it hard to make their ends meet. It is also true to a certain extent where the seniors in America treated in a back handed way and are not given any preferences by the aged people. It has also become very difficult for them to procure part time jobs. They face competition from the younger people who are laid off constantly as a part of cost cutting schemes. The seniors in America are in fact having a tough time dealing with high medical and insurance costs and the lack of financial resources at the same time.
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