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Article

2 Mar 2010

Author:
Stefan Stern, Financial Times

Should employers drop retirement ages? [UK]

In the UK, a campaign is under way to abolish the default retirement age of 65 and a government review on the question has been brought forward…Marcie Pitt-Catsouphes: An end to mandated retirement would enable older adults to gain more control over…retirement...The writer is director of the Sloan Center on Ageing at Boston College. John Wrighthouse: Nationwide introduced flexible retirement in 2001…The benefit to employers is simple…keep those employees, regardless of artificial age restraint, who contribute most…The writer is group HR director at the Nationwide Building Society. Katja Hall: People are living longer, and our expectations about work and retirement have to change…The UK system of a default retirement age (DRA) helps set a date for a discussion between employer and staff…With no DRA, employers could face the threat of more discrimination claims, and staff who are unsuited to working longer... The writer is director of employment policy at the CBI, the employers’ organisation.