Kirsten Gillibrand on Older Americans Returning to Work
Forbes Breaking NewsJanuary 5, 20262 min953 views
4 connectionsΒ·6 entities in this videoβContributions of Older Adults
- π‘ Older adults possess tremendous wisdom, work ethic, and skills that significantly contribute to the economy.
- π§ 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
- π― Many people wish to return to work for mental stimulation and community involvement.
- π° 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.
- π¨βπ©βπ§βπ¦ 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)
- π The Senior Community Service Employment Program (SCSEP), an Older Americans Act program, assists older adults facing employment barriers like homelessness or disability.
- β SCSEP is crucial for training and placing older adults in meaningful employment they enjoy.
- π The program underscores the importance of passing the Older Americans Act reauthorization.
Importance of Older Workers
- π Older adults clearly provide incredible contributions to the workforce.
- π£οΈ Their return to work should ideally be driven by personal desire rather than solely financial obligation.
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Whatβs Discussed
Older AmericansReturning to WorkWorkforce ContributionsFinancial NecessityRetirement PlansCaregivingSenior Community Service Employment ProgramOlder Americans ActMeaningful Employment
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