Objection against bill of reemployment over 65 years old

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Government official are thinking about amendment of act which encourages companies to reemploy those who retired but are willing to work until at the age of 65, which amendment will mandate corporations to reemploy them.  The purpose of this amendment is to increase the working population so that public pension system will be able to work in the future.  However, most major corporations are objecting this idea because existing workers will be demoralized if they are automatically reemployed just by applying for reemployment.  Their motivation to work is likely to totally depend on each person.  Some argue this will deprive companies from motivation to hire new younger employees.

I think though keeping pension system itself is of course important, the government should rethink about this is one of the methods for elderly people to make their living, not the purpose itself. The government should decide how long-term future generation it needs to protect now when it is facing the threat of bankrupt of this system.  In order to keep balance between generations, a paradigm sift might be required today.