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The Impact of Mandatory Retirement Policy on Women


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The Impact of Mandatory Retirement Policy on Women

... The Impact of Mandatory Retirement Policy on Women Over 40% of single Canadian women aged 50+, live in or near poverty both before and after retirement (Baldwin and Laliberte, 1999). Not only are they economically disadvantaged; they battle society's prevalent ageist and sexist attitudes. Consequently a significant percentage of the Canadian population is deprived of needed material resources and often the opportunity to acquire them. These disadvantages impacted Mary, when she was suddenly widowed at 54 years of age, she had always worked in the home and her husband's funeral expenses and estate taxes had depleted their savings. She became financially vulnerable within a month of her spouse's death. Mary had to immediately seek work to meet financial obligations and attained a job in October of 1992 with the accounting department of a local college. Her lack of experience resulted in her working for a minimal training wage. Relying on

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