A bill to promote labor force participation of older Americans, with the goals of increasing retirement security, reducing the projected shortage of experienced workers, maintaining future economic growth, and improving the Nation's fiscal outlook.
Older Worker Opportunity Act of 2009 - Amends the Internal Revenue Code to allow employers who provide health and retirement benefits to their employees a tax credit for 25% of the first $6,000 of wages paid to individuals age 62 or older participating in a flexible work program. Terminates such credit after 2012.
Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
Introduced in Senate
Read twice and referred to the Committee on Finance.
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