Thank you, Madam Chair.
I want to thank the witnesses for being here this morning to give their statements.
In response to Ms. Cluff-Clyburne's concerns, I would say that as soon as the age limit is removed, the workers who will be laid off will be those who no longer meet the regular requirements of the job. She would agree, I'm sure, that a 40 or 50 year old could also cease to meet the requirements. It is up to the employer, who will have to justify the decision.
Ms. Cluff-Clyburne, my question is for you, and it has two parts.
First, you raised a question that came up last week but went unanswered because we ran out of time. You said that once the retirement age is taken out of the equation, employers no longer have to provide any compensation to retiring workers. What kind of compensation did you mean? Enhanced pension benefits because the person worked longer? Were you referring to compensation related to employee benefits? What type of compensation were you referring to?