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Retirement Age #53123

ABC Evening News for Wednesday, Mar 22, 1978
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(Studio) Bill to raise mandatory retirement age said controversial.
REPORTER: Frank Reynolds

(Los Angeles, California) Robert Gray, Professor at California Institution of Tech., said favoring mandatory retirement at 68 for self. Film shown. [GRAY - likes age as determining factor in retirement.] Sears-Roebuck and Company cited as example of employer with mandatory retirement due to age. Reduction of new jobs if age requirement liberalized noted, thus increase in unemployment. Los Angeles Urban League said to believe youth and minorities to be most hurt. [Urban League John MACK - details position.] Bank of American said to favor mandatory retirement. Fear of increased sick leave if work force older cited. [Business Executive Dale ZELCHAR - argues that older worker is greater health risk.] Film of older workers shown. Employers said favoring mandatory retirement.
REPORTER: Jim Mitchell

Reporter(s):
Mitchell, Jim;
Reynolds, Frank
Duration:
00:02:20

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