Retirement incentives: Proceed with caution

Discussions about departures could be grounds for human rights complaint
By Liz Bernier
|Canadian HR Reporter|Last Updated: 12/16/2013

With the demise of mandatory retirement, it was expected employees would decide entirely for themselves when they would retire.

But the issue is a delicate one and a number of factors — employer preference among them — can complicate the matter.

A majority (80 per cent) of working Canadians still plan to set their own retirement date but many retirees (41 per cent) weren’t able to, according to the 2013 RBC Retirement Myths & Realities Poll.