Retire? Many people don’t want to or can’t do that in old age. What models are there for continuing to work and what the government is planning with the pension deferral bonus
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Many people of retirement age do not want to give up their jobs because they enjoy their work. Others need to earn extra money in old age because otherwise they will not have enough money in retirement. For those who want to continue working after reaching retirement age, there are various ways to structure their “unretirement”: Seniors can take a regular old-age pension and then top it up with a job, or they can postpone their retirement. Future pensioners could also benefit from a bonus that the federal government is planning.
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Source: Stern