In the face of soaring health care costs, a troubled economy and shrinking retirement plans, many seniors in recent years have migrated back to the workplace--or simply stayed on the job.
The number of workers between the age of 65 and 74 increased 30 percent between 1990 and 2010. Those aged 75 and older increased 39 percent. With America's baby boomers just entering their mid-60s, experts say, the trend is just beginning.
No. An employer cannot fire you, deny you a job or discriminate against you simply because you are over 40 (the federal Age Discrimination in Employment Act and California Fair Employment and Housing Act). Nor can an employer turn you down for a training program or educational benefit simply because you are over 40.
(GC §§ 12920, 12940)
If you experience such discrimination, you can contact the California Department of Fair Employment and Housing or your local Equal Employment Opportunity Commission office. (See Resources.)
No, not if you have reached full retirement age--66 or 67, depending on your birthdate. If you do without Social Security benefits until age 70, you will receive a larger monthly benefit check, regardless of any additional earnings. However, if you collect Social Security payments before you reach full retirement age and earn additional income, your benefits will be reduced if your earnings exceed a certain amount.
For more information, you should contact your local Social Security Administration office.
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