With the elimination of mandatory retirement, many people are choosing to work past 65. Some by choice, and some by necessity because they haven’t saved enough for their golden years.

But there’s some good news for these elderly workers.

Two recent Ontario Superior Court decisions reveal employees who work into their 70s and 80s could receive damages for up to two years or more if they’re wrongfully dismissed, reports the Toronto Star.

Take the case of Paul and Shirley Filiatrault, who were both over 80 in 2009. They received $1.16 million in severance pay when they were fired after they sold Tri-County Welding Supplies Ltd. to Air Liquide Canada Inc., notes the paper.

Read more.

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The new retirement math

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