H.R. 7524: Older Workers’ Bureau Act

This bill, known as the Older Workers’ Bureau Act, aims to establish a dedicated bureau within the U.S. Department of Labor focusing on the needs of older workers. The bill recognizes an increasing number of older individuals in the workforce and seeks to address specific challenges they face. The key provisions of the bill include:

Establishment of the Older Workers’ Bureau

The bill establishes the Older Workers’ Bureau, which will operate under the Department of Labor. This bureau will be responsible for directing efforts to improve the welfare and working conditions of older workers and will require the appointment of a Director to oversee its activities.

Functions of the Bureau

The Bureau will have several responsibilities, including:

• Conducting research on the economic and financial security of older workers.
• Developing policies to enhance job opportunities for older workers.
• Providing outreach and education on issues that affect older workers.
• Administering grant programs to support older workers.
• Coordinating federal research related to older workers.
• Improving access to data on the economic situation of older workers.

Research Grants

The bill also includes provisions for awarding grants to facilitate research focused on older workers. These grants will aim to identify barriers to employment for older workers and recommend federal policies that could assist them.

Grants to Combat Structural Ageism

A portion of the bill allocates funds for competitive grants to institutions to:

• Facilitate services and programs aimed at improving older workers' welfare.
• Combat age discrimination in the workplace.
• Enhance employment opportunities for older workers.
• Create more diverse and inclusive work environments.

Funding and Implementation

The bill authorizes an appropriation of $10 million annually for carrying out the necessary programs and activities aimed at supporting older workers after fiscal year 2027.

Consultation with Other Entities

To fulfill its mission, the Bureau may consult with various federal agencies that deal with issues relevant to older adults, ensuring a collaborative approach in addressing the challenges faced by older workers.

Goals of the Bureau

The overarching goal of the Older Workers’ Bureau is to promote productive and supportive employment opportunities for individuals aged 55 and over. It seeks to enhance their job security, economic success, and overall well-being through targeted research, policy development, and educational initiatives.

Relevant Companies

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