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SCSEP was authorized by the United States Congress in Title V of the Older Americans Act of 1965 and its later amendments to provide subsidized, part-time, community service work based training for low-income persons age 55 or older who have poor employment prospects. The program has evolved significantly in the last 50 years.
If American women earned minimum wage for their unpaid labor around the house (for roughly four hours of work a day), they would have made $1.5 trillion, according to a New York Times calculation.
The return to work for older workers is also extended; older workers experience a greater median number of lost work days and longer recovery times than younger workers. Some common occupational injuries and illnesses for older workers include arthritis [141] and fractures . [142]
Age-restricted community. An age-restricted community is a residential community, often gated, that legally discriminates on the basis of age to limit residency to a majority fraction of older individuals—typically 80% over a set age. The minimum age is frequently set at 55 years old, but it can vary. These communities are set up to ...
For example, if you’re 55 and earn $80,000 a year, a 1% annual increase could add up to an additional $16,779 by age 67, according to calculations by Fidelity Investments. Of course, not ...
The cost for living in a 55-and-older community can vary widely depending on where it is located. In the least expensive states, median monthly costs are less than half those in the most expensive ...
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