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United Kingdom scrapping default retirement age of 65

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tabatha Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-13-11 01:11 AM
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United Kingdom scrapping default retirement age of 65
he Default Retirement Age (DRA) of 65 is to be phased out between 6 April and 1 October of this year, the government has confirmed.

The Department for Business said that as well as benefiting individuals, "the freedom to work for longer will provide a boost to the UK economy".

Employment Relations Minister Edward Davey said: "Retirement should be a matter of choice."

Presently, firms can use DRA to make staff retire at 65.

The scrapping of DRA, which was first proposed by the coalition government back in July of last year, has been confirmed following a consultation process.

The change means that from 6 April, bosses will not be able to issue any notifications for compulsory retirement using the DRA procedure.

Between 6 April and 1 October, only those people who were told before 6 April, and who are due to retire before 1 October, can be compulsorily retired using DRA.

http://www.bbc.co.uk/news/business-12177927

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sabrina 1 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-13-11 01:59 AM
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1. So long as they CAN retire if they want to, I think this is
probably okay. Some people do not want to retire and if they are capable of working and want to and are earning a good salary, they should not be forced to retire. But they should keep the current retirement age as an option for those who do want to.
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