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The T&T Association of Retired Persons (TTARP) has welcomed — and even taken credit for — recommending the increase in the National Insurance System (NIS) retirement age from 60 to 65, according to the association’s First Vice-President, Reynold Cooper.
During an interview with Guardian Media yesterday, Cooper said the proposal, announced by Finance Minister Dave Tancoo in Monday’s national budget, will “significantly reduce the perception of age discrimination,” reinforcing the view that older citizens are capable of working beyond the traditional retirement age of 60.
“We are pleased about it because we feel that the elderly can work up to age 70 and beyond,” he said.
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