While I appreciate the financial support plans offered thus far during the COVID-19 pandemic, I’d also like to see the federal government offer an early retirement option for those of us aged 60 to 64.
Why is this important?
Many of us will not be re-hired after being laid off, mostly because of our age (and because of our higher wages compared to what our less experienced co-workers are receiving).
Instead of us struggling with a lower income from EI (and perhaps welfare when EI runs out), allow "pre-seniors” to start receiving their OAS and GIS earlier. Our pension incomes would likely be significantly higher than EI benefits. Transitioning our vulnerable demographic into retirement and thereby “socially distancing” us from workplaces could also help reduce pressure on the health care system.
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