Download presentation
Presentation is loading. Please wait.
Published byLucas Jackson Modified over 9 years ago
1
Retirement in Canada Some Trends…Some Issues Presentation to John Deutsch Institute Conference on Retirement Policy Issues in Canada Cliff Halliwell, Director General Policy Research Human Resources and Social Development Canada cliff.halliwell@hrsdc-rhdsc.gc.ca
2
2 Outline Defining retirement Overview of retirement trends in Canada Review of current work and retirement propensities by age in Canada Some policy issues this can raise
3
3 Defining Retirement What is it? Reaching 65? Ending a career job? Receiving pension income? Not working any more at all?
4
4 Definition? Not Receiving Labour Income?
5
5 Definition? Receiving Pension Income?
6
6
7
7 Definition? A gradual transition for many?
8
8 Definition? Left Job for Retirement? LFS asks the reason a respondent left a job Retirement is one option But, this ‘self report’ misses retirement that leads to subsequent (‘bridge’) employment And, it misses other separations that eventually lead to retirement
9
9 Definition? Left Job for Retirement?
10
10 Definition? Stopped Working Permanently? LAD enables us to track people and their income sources So we can see if retirement leads to permanent withdrawal from the labour force For COPS we created a retirement measure which is: left labour force and had no labour income (>$500) for the next three years
11
11 Definition? Stopped Working Permanently?
12
12 Trends? Retirement Rates
13
13 Profile? What People Do
14
14 Profile? What People Do
15
15 Profile? What People Do
16
16 Profile? What People Do
17
17 Trends? Median Retirement Ages
18
18 Profile? What People Do
19
19 Issues? Work Flexibility
20
20 Issues? Work Flexibility
21
21 Issues? Work Flexibility
22
22 Issues? Work Flexibility
23
23 Issues? Work Flexibility
24
24 Issues? Work Flexibility
25
25 Issues? Longevity
26
26 Issues? Longevity
27
27 Issues? Longevity
28
28 The End Acknowledgements: Kevin Dunn (former HRSDC and now Finance Canada) for the LAD-based retirement rates and ages Benoît-Paul Hébert and Mae Luong for the bridge employment analysis
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.