As more employees work past traditional retirement age, pension and benefit systems are colliding with assumptions built for a workforce that no longer exists—the result is a growing disconnect between modern economic realities and retirement rules rooted in policy decisions made nearly a century ago.
Many workers nearing retirement—especially women—don’t have enough saved amid rising costs of living and housing anxiety. Despite inflationary pressures, workers remain willing to pay for a pension. Conversely, employers are generally in a stronger position as the labour market softens, with confidence […]
