Government backed early retirement

The cost of government support for the disruption caused by Covid-19 could be counteracted with early retirement (say age 63+) promoted with government financial backing.

Why the contribution is important

Older workers (particularly in hard-hit industries such as aviation, hospitality, and tourism) will find the transition into alternative employment particularly trying in the coming years and months. Rather than 'propping up' people falling into this category with unemployment allowances during this time, more productive use of these funds could help transition them into early retirement.

by madley94 on May 11, 2020 at 09:58PM

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