Plan sponsors are making significant efforts to keep their older workers employed, according to new research from LIMRA Secure Retirement Institute.
Eight in 10 employers said their organizations lose experience, institutional knowledge, and leadership when older workers are retired.
That faith in seasoned workers is translating into action, as 92 percent of employer report taking specific action to keep older workers on the job.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
