Retaining older workers
René Morissette, Grant Schellenberg and Cynthia Silver
- About one-third of those who retired between 1992 and 2002 were healthy individuals who would have been willing to continue working if circumstances had been different.
- Many of these individuals said they would have continued working if they had been able to reduce their work hours without their pension being affected. Salary increases would also have encouraged many to stay on the job.
- Individuals who retired before age 60, and those who had a postsecondary certificate or diploma or a university degree were among the most likely to say that reduced work hours would have encouraged them to keep working.
- Retirees previously employed in health care, social assistance and education were least likely to prefer continued employment-an important consideration given the growing number of employees in those industries who are nearing retirement.
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René Morissette is with the Business and Labour Market Analysis Division. He can be reached at (613) 951-3608. Grant Schellenberg is with Demography Division. He can be reached at (613) 951-9580. Cynthia Silver is with the Housing, Family and Social Statistics Division. She can be reached at (613) 951-210. All the authors can be reached at firstname.lastname@example.org.
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