More workers forced into involuntary retirement

An elderly couple wait to cross the road. Photo: Gary Knight, https://flic.kr/p/9TJjMN

[via Pittsburgh Post-Gazette] Ronnie Sturccio is not your typical 68-year-old senior citizen. Her regular routine includes lifting weights at the gym, running up to 5 miles a day, figure skating and working two part-time jobs that she is nowhere near ready to retire from.

Yet she has been forced to leave the workforce earlier than she had planned on two occasions since reaching retirement age.

The first time was when her father became terminally ill five years ago and she ended her 28-year career as an alternative school therapist in order to care for him. Most recently the COVID-19 crisis caused her to be laid off from her part-time jobs working the ticket booth at Alpha Ice Complex in Harmarville and also her substitute teaching jobs in the East Allegheny and Gateway school districts.

“I’m not ready to quit working,“ said Ms. Sturccio of Plum. “Financially I’m taking a hit. I was making money. Now that money is gone. I’m living on just Social Security now and my money is tight.”

Like many workers who expect to retire on their own terms, Ms. Sturccio has found life has a way of throwing curve balls.

Americans tend to retire earlier than they expected, according to a recent study by Allianz Life Insurance Co. of North America, which found more than half of workers will be forced out of the workforce earlier than expected and for reasons out of their control.

Full Story: Pittsburgh Post-Gazette »

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