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Short note on Retirement Age

Short note on Retirement Age

Retirement age means the age at which an individual can retire from his or her position and receive all the benefits guaranted under a retirement plan. The retirement age limit in the United Nations is 65 years. The retired people are considered an asset because their knowledge and experience are useful to the soviets. The majority of our female population do not belong to the working class. We can’t forget that we ourselves are going to grow old one day.

In Bangladesh a government employee mires at 59 and the university teachers at 65 In the United Nations the retirement age is 65 years. In our country retired persons are considered useless but they are actually an asset to the society with their knowledge and experience. They enjoy a little benefit. In developed countries the retired persons are provided with social security and other facilities. Social Security’s full-benefit retirement age is increasing gradually because of legislation passed by Congress in 1983. Traditionally, the full benefit age was 65, and early retirement benefits were first available at age 62, with a permanent reduction to 80 percent of the full benefit amount.