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Kirsten Gillibrand on Older Americans Returning to Work

Forbes Breaking NewsJanuary 5, 20262 min953 views
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Contributions of Older Adults

  • πŸ’‘ Older adults possess tremendous wisdom, work ethic, and skills that significantly contribute to the economy.
  • 🧠 An example is Jerry Shapiro, who worked well into her 80s or 90s as a resident expert on Indian Point, demonstrating that age is not a barrier to meaningful contribution.

Reasons for Returning to Work

  • 🎯 Many people wish to return to work for mental stimulation and community involvement.
  • πŸ’° However, a significant number, 42% of private sector employees without employer retirement plans and 44% who don't participate, return to work out of financial necessity.
  • πŸ‘¨β€πŸ‘©β€πŸ‘§β€πŸ‘¦ Another factor is stepping back to care for children or aging parents, impacting savings and necessitating a return to work.

Senior Community Service Employment Program (SCSEP)

  • πŸš€ The Senior Community Service Employment Program (SCSEP), an Older Americans Act program, assists older adults facing employment barriers like homelessness or disability.
  • βœ… SCSEP is crucial for training and placing older adults in meaningful employment they enjoy.
  • πŸ“œ The program underscores the importance of passing the Older Americans Act reauthorization.

Importance of Older Workers

  • πŸ“ˆ Older adults clearly provide incredible contributions to the workforce.
  • πŸ—£οΈ Their return to work should ideally be driven by personal desire rather than solely financial obligation.
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Older AmericansReturning to WorkWorkforce ContributionsFinancial NecessityRetirement PlansCaregivingSenior Community Service Employment ProgramOlder Americans ActMeaningful Employment
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