Retirement age ‘Ludicrous and unfair’: older workers react to pressure to delay retirement

the International Monetary Fund has urged governments to encourage fit, older workers to delay retirement. Its recommendation is that people of the baby boomer generation should stay in work for longer to help balance public finances amid fiscal pressures caused by an ageing global population. The IMF said: “The 70s are the new 50s,” and released data that suggested a person aged 70 in 2022 had the same cognitive function as the average 53-year-old in 2000. Physical health had also significantly improved, the IMF found. Governments burdened with historically high levels of public debt, the IMF said, could not afford...