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Working & Retirement | Senior American Association
19 November 2014—Elizabeth Fideler, Center's research fellow was quoted on Senior American Association about Age Discrimination.
The federal Age Discrimination in Employment Act (ADEA) of 1967 makes it illegal for employers to discriminate based on age in hiring or firing practices. Cases of discrimination in hiring are nearly impossible to prove, and the number of complaints filed with the U.S. Equal Opportunity Employment Commission alleging age-related discharge has stayed fairly steady in recent years–1,185 cases were filed in 2013. But nearly everyone thinks it is commonplace.
The key implication: If you’re hoping to work longer, hang on to your current job for dear life.
“Anyone in the Boomer generation who anticipates working to an advanced age either by choice or out of necessity would be well advised to stay with the current job, whether on a full-time or part-time basis, unless he or she has the wherewithal to become an entrepreneur,” says Elizabeth Fideler, a research fellow at Boston College’s Sloan Center on Aging & Work.
She adds: “Many seniors favor self-employment, consulting, and business ownership because they make it far easier to continue working, to maintain earning power, and to enjoy a degree of flexibility in terms of one’s schedule and stamina.” Read the full article »