Raise retirement to 67: economist

Aging population could hit Quebec the hardest
By Shannon Klie
|Canadian HR Reporter|Last Updated: 09/20/2007

Quebec needs to raise the retirement age from 65 to 67 and increase the pension payout for people retiring after age 65 if it wants to maintain a competitive workforce, according to a Montreal economist.

The aging workforce and the looming baby boomer retirements are especially concerning for Quebec where early retirement has been the norm, said Norma Kozhaya, who wrote the report

The Retirement Age in Quebec: A Worrying Situation