From the May 2007 issue of Boomer Market Advisor • Subscribe!

May 1, 2007

Legislation addresses needs of aging boomers

According to the Albany Business Review in Albany, N.Y, state legislators recently filed a series of bills meant
to anticipate the educational and work needs of aging baby boomers.

Sponsors noted that the first baby boomers turned 60 last year and that soon many of them will be entering the
end stages of their careers and becoming senior citizens. The legislators said older workers should be allowed to stay on the job, if they want, but they said companies should share best practices on how to keep people on the job longer.

Among the bills that were filed, the paper reports, was a measure to create a Mature Worker Task Force to serve
as a clearinghouse for information about employing older workers. Another bill would provide employment
training for older workers while a third would create Centers for Life-Long Learning at community and four-year
colleges in the state. The centers would develop meaningful college curriculum for students over 50.

No surprise, the paper went on to say AARP immediately endorsed the proposals.

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