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Review of default retirement age brought forward to 2010
The Government has decided to bring forward its review of the default retirement age by a year, meaning it will take place in 2010 rather than 2011.
According to the BBC, Gordon Brown, the prime minister, said: "Evidence suggests that allowing older people to continue working, unfettered by negative views about ageing, could be a big factor in the success of Britain's businesses and our future economic growth."
Currently employers are permitted by law to retire staff when they turn 65, although the employees have the right to request to remain in employment, but the review could mean that this may change.
Until any changes are brought in by the Review, employers who have normal retirement ages for their staff are reminded that they must advise each employee of their respective retirement date and associated rights. This must be done between six and twelve months before the individual's normal retirement date.
To keep up to date on this, keep an eye on the Cherington HR newsletter pages.
According to the BBC, Gordon Brown, the prime minister, said: "Evidence suggests that allowing older people to continue working, unfettered by negative views about ageing, could be a big factor in the success of Britain's businesses and our future economic growth."
Currently employers are permitted by law to retire staff when they turn 65, although the employees have the right to request to remain in employment, but the review could mean that this may change.
Until any changes are brought in by the Review, employers who have normal retirement ages for their staff are reminded that they must advise each employee of their respective retirement date and associated rights. This must be done between six and twelve months before the individual's normal retirement date.
To keep up to date on this, keep an eye on the Cherington HR newsletter pages.
6 Comments
Posted on 27 Jul 2009 by helen
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