Canada
The normal age for retirement in Canada is 65, however one cannot be forced to retire at that age. Labour laws in the country do not specify a retirement age. Age 65 is when federal Old Age Security pension benefits begin, and most private and public retirement plans have been designed to provide income to the person starting at 65 (an age is needed to select premium payments by contributors to be able to calculate how much money is available to retirees when they leave the program, i.e., retire). It is not forced upon an individual to retire, it is their choice.
All judges in Canada are subject to mandatory retirement, at age 70 or 75 depending on the court. Federal senators cease to hold their seats at age 75.
Mandatory retirement of federally regulated employees is prohibited from December 2012.
Read more about this topic: Mandatory Retirement
Famous quotes containing the word canada:
“What makes the United States government, on the whole, more tolerable—I mean for us lucky white men—is the fact that there is so much less of government with us.... But in Canada you are reminded of the government every day. It parades itself before you. It is not content to be the servant, but will be the master; and every day it goes out to the Plains of Abraham or to the Champs de Mars and exhibits itself and toots.”
—Henry David Thoreau (1817–1862)
“I fear that I have not got much to say about Canada, not having seen much; what I got by going to Canada was a cold.”
—Henry David Thoreau (1817–1862)
“Though the words Canada East on the map stretch over many rivers and lakes and unexplored wildernesses, the actual Canada, which might be the colored portion of the map, is but a little clearing on the banks of the river, which one of those syllables would more than cover.”
—Henry David Thoreau (1817–1862)