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Impact from Aging Workers Less Than Expected

Thursday, January 5, 2012 | 0

The impact of baby boomers who remain in the workforce past retirement age is less than expected on workers' compensation frequency and severity, the National Council on Compensation Insurance (NCCI) said on Wednesday.The Boca Raton, Fla.-based rate maker noted there is widespread concern over the impact of an aging workforce. NCCI said in a press release the results of its latest report are both "surprising and reassuring."NCCI found:--Measured by loss costs per worker, the major difference among age groups occurred between workers between the ages of 25 to 34 and those between the ages o...

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