Frequently Asked Questions

 A Senior Citizen is typically defined as someone who is over the age of 60 or 65 (in the US).

As human beings, Seniors possess intrinsic value of knowledge and skill, that extends beyond the boundaries of age and can contribute immensely to society. Continued work can provide a sense of purpose, social connection, and intellectual stimulation, while also contributing to their financial security and independence, all of which are essential components of a fulfilling and dignified life.

Social Security is relied upon by millions of Seniors as their primary or sole source of income, but it has several potential drawbacks, such as limited income, uncertainty about future benefits, inflation risk, limited flexibility, and dependency on the government. It should be viewed as only one component of a retirement income plan, and individuals should also consider saving for retirement through other vehicles. Meaningful employment still continues to be a key component of financial security for Seniors.

Yes, as life expectancy increases, more people are living longer and healthier lives, which means they can work for longer periods beyond typical retirement age. This trend is particularly evident in developed countries, where advances in healthcare and lifestyle improvements have led to significant increases in life expectancy. As a result, the population of Senior workers in the labor force is expected to grow in these countries. This will also be a factor due to the high cost of living and healthcare costs associated with post retirement living.

Programs that the organization has developed are to help Seniors with bridging the digital divide, training, advocacy against ageism, organizing job fairs, job resource listings, collecting resumes, creating a marketplace for age and requirement-appropriate jobs, and providing education opportunities.

 In 2020, 9.1% of Seniors aged 65 and over in the United States, or approximately 7.9 million individuals, lived below the poverty line, which remains a significant issue, particularly for vulnerable populations.

• According to a study by AARP, 83% of employers who have hired older workers say that they are more reliable and have a stronger work ethic than younger workers.
• Another study by the National Bureau of Economic Research found that older workers tend to have better job performance ratings than younger workers, and are less likely to be absent or quit their jobs.
• Additionally, research suggests that Senior workers bring valuable skills and experience to the workplace, such as problem-solving, decision-making, and interpersonal skills, which can help to improve organizational performance.

• Senior workers may face challenges in finding employment due to age discrimination. According to a AARP survey, 78% of workers aged 50 and older have seen or experienced age discrimination in the workplace. That is the highest since 2003.
• The labor force participation rate (LFPR) for adults aged 65 and older has been steadily increasing over the past decade, from 13% in 2000 to 20% in 2021.
• Many older workers may not have access to training opportunities or face barriers in adapting to new technologies and job requirements. According to a 2018 survey by the National Council on Aging, 81% of older workers believe that employers are not interested in hiring older workers who need training.