Mandatory Retirement In Canada
Mandatory Retirement:
Why governments should quit banning it
Morley Gunderson
CIBC Chair in Youth Employment – University of Toronto
Fellow of the Royal Society of Canada
16 December 2008
AIMS Labour Series Commentary #3
What’s Inside
Government did not create mandatory retirement. It is not legislated. Not even the CPP requires people to stop working at age 65.
Mandatory retirement was created through bargaining between employees and employers because it is mutually beneficial. It allows employees to achieve job security and income predictability, and to engage in tax deferral and career planning while giving the employer cost predictability, succession planning and access to committed employees.
Banning mandatory retirement …show more content…
2000. Discrimination and Age: Human Rights Issues Facing Older
Persons in Ontario. Toronto.
———. 2001. Time for Action: Advancing Human Rights for Older Ontarians. Toronto.
Pesando, James, and Morley Gunderson. 1988. “Retirement Incentives Contained in Occupational Pension
Plans and their Implications for Mandatory Retirement Debate.” Canadian Journal of Economics 21 (May):
244–64.
Reid, Frank. 1988. “Economic Aspects of Mandatory Retirement: The Canadian Experience.” Industrial
Relations 43 (1): 101–13.
Scoffield, Heather. 2004. “Rethink CPP’s age-65 rule.” Globe and Mail, April 21, p. A1.
Shannon, Michael, and D. Grierson. 2004. “Mandatory Retirement and Older Worker Employment.” Canadian
Journal of Economics 37 (3): 528–51.
Shillington, Richard. 2003. “New Poverty Traps: Means Testing and Modest-Income Seniors.” C.D. Howe
Institute Backgrounder 65. Toronto: C.D. Howe Institute. April.
Zinn, R., and P. Brethour. 1999. Law of Human Rights in Canada: Practices and Procedures. Aurora: Canada
Law Book.
Page 8 of 9
AIMS Labour Commentary Series – Mandatory Retirement
December 2008
The AIMS Labour Market Series
Market mechanisms should be considered innocent until proven guilty — perhaps more so in labour markets than
Why governments should quit banning it
Morley Gunderson
CIBC Chair in Youth Employment – University of Toronto
Fellow of the Royal Society of Canada
16 December 2008
AIMS Labour Series Commentary #3
What’s Inside
Government did not create mandatory retirement. It is not legislated. Not even the CPP requires people to stop working at age 65.
Mandatory retirement was created through bargaining between employees and employers because it is mutually beneficial. It allows employees to achieve job security and income predictability, and to engage in tax deferral and career planning while giving the employer cost predictability, succession planning and access to committed employees.
Banning mandatory retirement …show more content…
2000. Discrimination and Age: Human Rights Issues Facing Older
Persons in Ontario. Toronto.
———. 2001. Time for Action: Advancing Human Rights for Older Ontarians. Toronto.
Pesando, James, and Morley Gunderson. 1988. “Retirement Incentives Contained in Occupational Pension
Plans and their Implications for Mandatory Retirement Debate.” Canadian Journal of Economics 21 (May):
244–64.
Reid, Frank. 1988. “Economic Aspects of Mandatory Retirement: The Canadian Experience.” Industrial
Relations 43 (1): 101–13.
Scoffield, Heather. 2004. “Rethink CPP’s age-65 rule.” Globe and Mail, April 21, p. A1.
Shannon, Michael, and D. Grierson. 2004. “Mandatory Retirement and Older Worker Employment.” Canadian
Journal of Economics 37 (3): 528–51.
Shillington, Richard. 2003. “New Poverty Traps: Means Testing and Modest-Income Seniors.” C.D. Howe
Institute Backgrounder 65. Toronto: C.D. Howe Institute. April.
Zinn, R., and P. Brethour. 1999. Law of Human Rights in Canada: Practices and Procedures. Aurora: Canada
Law Book.
Page 8 of 9
AIMS Labour Commentary Series – Mandatory Retirement
December 2008
The AIMS Labour Market Series
Market mechanisms should be considered innocent until proven guilty — perhaps more so in labour markets than