Discussion on Mandatory Retirement Age (Essay Sample)

Mandatory Retirement Age
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Mandatory Retirement Age
The aspect of mandatory retirement, which stipulates that team members quit the labor market at a particular age, has been debated in the recent past. Initially, the age limit was 60 years, but federal regulations have moved it to 70 years over time (Oude Mulders, 2019). Though various companies and employees have insisted on the age population retiring from active service, the decisions face stiff opposition from our other stakeholders and employees.
Despite these arguments, from a logical perspective, some professionals should have a mandatory retirement age. This is because of the ever-changing manner of events and technology in various fields in the present-day world. In industries such as the military and medical professions that involve highly critical and high-risk procedures, age affects the efficiency of one's ability to perform well (Oude Mulders, 2019). Therefore, this will necessitate the set retirement age to avoid poor performance, which will cause devastating effects on human life.
Retirement also serves as a justice means of balancing between the ages and the young population. Retirement creates opportunities for newly graduated youths to find space in the labor market. Industries and companies require to employ new knowledge in the operations. Setting retirement age in industries involving technology helps bring into the company new ideas and talent (Rabaté, 2019). Therefore, retiring the elderly will not be discriminated against but will be giving the young an opportunity.
Some industries offer hazardous work environments that are unsafe for age people to work in. Industries such as nuclear plants