SENIOR CITIZEN Problem that senior citizen have as a result of the aging process

Problem that senior citizen have as a result of the aging process

In 2000, passage of the Senior Citizen Freedom to Work Act addressed these obstacles. It relaxed restrictions for collecting pension monies while working in retirement. Under the Senior Citizen Freedom to Work Act, individuals can work in retirement without a deduction taken from their Social Security benefits. In addition to phased retirement, the combination of all factors (pensions, laws, acts) is leading to what is now called “late retirement,” where individuals retire well past age 67 ...