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How to deal with a boss nearing retirement

In the IT field, all staff is management and there are several bosses. On an IT team, the main report is to a lead programmer, then manager. My lead has worked for the company 42+ years and can retire at any time. The situation that we deal with daily, he no longer cares about the job/business. The senior team members are picking up his tasks (otherwise they are not getting done) because he is no longer interested. We also try to pull information from what he doesn't want to share. When the situation was discussed as a team with the manager, the answer received from the lead... "I am mentoring everyone for when I retire" Honestly, our team is doing well, supporting each other, doing the work and making sure our manager is aware of all situations. It is a career building experience.

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