If you enjoy the content at iBankCoin, please follow us on TwitterAmerican International Group Inc. (AIG) Chief Executive Officer Robert Benmosche saidEurope’s debt crisis shows governments worldwide must accept that people will have to work more years as life expectancies increase.
“Retirement ages will have to move to 70, 80 years old,” Benmosche, who turned 68 last week, said during a weekend interview at his seaside villa in Dubrovnik, Croatia. “That would make pensions, medical services more affordable. They will keep people working longer and will take that burden off of the youth.”
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Let the peasants work themselves to death, he said during a weekend interview at his seaside villa in Dubrovnik, Croatia.
His mountainside villa won’t open for the season until late June.
Total bullshit.
Easy for mr. benmosch to say that working at age 68 involves a round of golf and martinis
I like the thought process here. I agree, his work includes saying ludicrous shit.
It’s clear that everyone of these bullshit artists lobbying for a higher retirement age never worked a day of manual labor in their life. Golf, appletinis, and sitting at a desk in an air conditioned office giving orders to their minions, does not qualify as hard labour [sic].
The higher you are, the less work you do, until you are in the layer cake.
There are some jobs few people can do past 50 (manual labor, line cook etc), let alone for another 30 years.
Can you imagine a 75 year old high school teacher?
we dont have enough jobs for young people right now.