Job Market Monitor
Retirement
Pension Plans in Canada / Membership in registered pension plans (RPPs) up 0.8%
Membership in public sector pension plans rose by 0.6% to 3,160,000, while the number of members in private sector plans increased 1.0% to 2,954,700. The public sector accounted for 52% of total membership in RPPs Continue reading
US / 40% of the self-employed are not saving regularly for retirement, and 28% are not saving at all survey finds
Many of us have dreams of leaving the 9-to-5 grind and working for ourselves. And since the 2008 financial crisis, many have done it — even if some didn’t really have a choice. But many of these budding entrepreneurs, and even the people who have owned their businesses for years, are part of a growing … Continue reading
From Defined Benefits To Defined Contributions / Firms save 2.7-3.6% of payroll per year research finds
Since the early 1980s, there has been a shift from defined benefit (DB) to defined contribution (DC) pension arrangements in the U.S. corporate sector. This shift has continued markedly over the past decade. In the late 1990s, assets in private sector DB and DC plans were each around $2 trillion. By the end of 2010, … Continue reading
Older Workers / How long do older unemployed workers conduct their job searches before deciding to retire ?
Unemployed people who have these resources retire more rapidly than those who cannot afford to do so, regardless of their job prospects. The results suggest that for job separations that do not lead to an immediate retirement, about half of the jobless spells end in retirement and half in re-employment. Among jobless spells that do end in retire- ment, most do so within a year after separation. Continue reading
China / Official clarifications on retirement policy
A Chinese human resources official has denied that planned changes to retirement age will start with either civil servants or those engaged in heavy physical labor. Hu Xiaoyi, deputy head of the Human Resources and Social Security Ministry, made the remarks at a press conference to elaborate on the policy. Speculation surfaced on the Internet … Continue reading
China / Retirement age would be advanced a year
Workers in the mainland who want to stay in their jobs longer may be disappointed as a senior party spokesman said the retirement age would be advanced up to a year later as part of an experiment to deal with the country’s increasingly aged population Continue reading
Older Workers / 11 Ways companies get rid of them
Companies looking to ditch older employees can be creative in the ways they try to avoid age discrimination claims. Here are 11 of their sneakiest ploys Continue reading
Canada / Many workers financially unprepared for retirement
Among those aged 50 or older, about half (47 per cent) are still less than one-quarter of the way to achieving their retirement savings target. Continue reading
US Social Security / The real retirement age is 70
ue to increases in Social Security’s Delayed Retirement Credit, the effective retirement age is now 70, with monthly benefits reduced for earlier claiming Continue reading
Older Workers in US / Attitudes on work and retirement
The line between working and retirement is shifting for many americans ages 50 and older, with some currently or expecting to continue working for pay during retirement Continue reading
US / 47 per cent of working now expect to retire later survey finds
Stung by a recession that sapped investments and home values, but expressing widespread job satisfaction, older Americans appear to have accepted the reality of a retirement that comes later in life and no longer represents a complete exit from the workforce. Some 82 per cent of working Americans over 50 say it is at least … Continue reading
Retiring in US / Drops to No. 11 in Global Retirement Rankings
The 2013 edition of the Melbourne Mercer Global Pension Index (PDF), a ranking of national retirement systems around the world, has the U.S. ranked 11th, down two slots from last year Continue reading
US / The retirement system fails most americans by creating a few big winners and many losers
The current retirement system has left the vast majority of Americans unprepared for retirement says EPI. While high-income Americans have benefitted enormously from the rise of 401(k)s, most Americans are being left behind Continue reading
US / Expected Retirement Age Continues to Rise
In 2013, 22 percent of all workers planned to postpone their retirement Continue reading
US / Retirement damaged by unemployment – A survey
The Damaged Nest Egg: Un/Underemployment Results in Withdrawals from Retirement Funds -A sizeable majority of the un/underemployed (62 percent) are not too/not at all confident that they will be able to retire comfortably Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
The Most Popular Job Search Tools
Even More Objectives Statements to customize
Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office
Job Market Monitor 