Active Retirement Reforms and Subsidies: A Global Context

Surprise for retirees. Workers who retire but wish to keep working and earn a salary would be able to do so and collect 100 percent of their pension starting in the fifth year of active work. According to the Ministry of Inclusion, Social Security and Migrations, the plan sent this Monday to employers and unions outlines that active retirees would begin by drawing 30 percent of their pension and their salary in the first year, with the percentage rising as they continue to work until reaching 100 percent of the pension after five years. In Canada and the United States, pension rules exist but are shaped by federal and provincial frameworks, yet many programs are exploring flexible retirement options. The move signals a broader shift toward allowing older workers to stay productive while securing their retirement income, a topic under close discussion with policymakers and social partners. Source: Ministry of Inclusion, Social Security and Migrations.