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Old 11-02-2009, 05:33 AM
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Mary Pat Campbell
Join Date: Nov 2003
Location: NY
Studying for duolingo and coursera
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UK govt seeking comment on changing default retirement age

The High Court ruled in September that the UK's retirement age was not a breach of European discrimination law, but it said that it was influenced by the knowledge that the Government was considering raising the age.

Consultation on that process has now begun. The Department for Business, Innovation and Skills (BIS) is asking businesses to describe their retirement policies and explain what the costs and benefits would be to them if the age were raised or abolished altogether.

"The Government is asking for evidence including [information on] the operation of the default retirement age [DRA] in practice; the reasons that businesses use mandatory retirement ages; the impacts on businesses, individuals and the economy of raising or removing the default retirement age; the experience of businesses operating without a default retirement age; how could any costs of raising or removing the DRA be mitigated and benefits realised," said a statement from BIS.

"The laws around employment and retirement need to reflect changes in economic and social circumstances," said minister for pensions and the ageing society Angela Eagle. "As people live and work for longer, it is sensible that we have the debate on what works for business and individuals."

BIS has asked for submissions by 1 February 2010.

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