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ARTICLE · 23 AUGUST 2010

Default Retirement Age to be Retired

MacRoberts
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The Department for Business Innovation and Skills and the Department for Work and Pensions have recently launched a consultation document which proposes that an employer's current ability to compulsorily retire employees at age 65 be phased out.

United KingdomEmployment and HR
Katy Wedderburn
Katy Wedderburn
Karen McGill
Karen McGill
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The Department for Business Innovation and Skills and the Department for Work and Pensions have recently launched a consultation document which proposes that an employer's current ability to compulsorily retire employees at age 65 be phased out.

Whilst a raising of the compulsory retirement age has been on the cards for some time, a total abolition is the new coalition government's plan for "re-invigorating retirement."

The Consultation Document highlights a number of reasons in support of removing a compulsory retirement or default retirement age (DRA) including: demographic change; financial benefits; and the health and social benefits people could gain from elongating their working life.

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