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In some countries, people are forced to retire when they reach a certain age. What are the advantages and disadvantages of this?

#countries #people #age
Compulsory
retirement
 is common in many countries when members of the workforce reach 65 or 70, and
this
 has both pros and cons as will now be considered. The main advantage of requiring people to leave their job at a certain age is that it provides opportunities for younger members of staff to join the
company
, often meaning that the
company
 benefits from having lower wages to pay for the new recruit and
also
 having younger, potentially more dynamic employees.
This
 in turn could well give the
company
 the required boost to continue being profitable. Another advantage is that some older people may choose to keep working more out of habit than enjoyment, and
therefore
 a mandatory
retirement
 may encourage them to enjoy their life more, having the free time to engage in hobbies and interests
such
 as gardening. Which they may not have previously had time for up to that point. Yet there are significant disadvantages in forced
retirement
. Older staff members often have more experience, and may have no desire to leave their job. Requiring them to leave could mean a skill shortage for the
company
 as well as a feeling of discontent from the employee. Added to
that is
 the rising number of older people and the subsequent drain on resources if they are not working, if there are more elderly people on pensions or other benefits, the increased tax burden falls on the younger generation. In conclusion, there are both social and economic benefits of allowing older people to remain in employment if so desired, so compulsory
retirement
 would not be recommended.
Submitted by davronqodirov1212 on

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