Default retirement review
Date: 06 November 2009
Issue: Vol 159, Issue 7392
Categories: News, Employment
Businesses have until 1 February 2010 to make their opinions known on the default retirement age review due to take place next year.
Businesses have until 1 February 2010 to make their opinions known on the default retirement age review due to take place next year.
The review will investigate whether the default retirement age of 65 should be abolished.
The government is asking for evidence including: the operation of the default retirement age in practice; the reasons that businesses use mandatory retirement ages; the impact on businesses, individuals and the economy of raising or removing the default retirement age; the experience of businesses operating without a default retirement age; and how any costs of raising or removing the default age could be mitigated and benefits realised.
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