The Age Discrimination in Employment Act of 1967 (ADEA) is a federal law that protects workers age 40 and older. It is administered and enforced by the Equal Employment Opportunity Commission (EEOC). The goal of the Act is to provide equal opportunity for citizens age 40 and older. The Act does generally exclude small businesses and this article is written to guide the small business owner, specifically the human resources manager in regards to the impact the Act has on your small business operation.
The Older Workers Benefit Protection Act (OWBPA) of 1990 modified the Age Discrimination Employment Act of 1967 to protect elderly employees from benefits discrimination. In general, benefits for older employees are more expensive to the employer and this Act minimizes the impact to the older population when an employer reduces the overall benefit packages to their employees.