The Default Retirement Age will be scrapped by October 2011 under proposals published for consultation by the Government yesterday.
Currently, an employer can force an employee to retire at 65 without paying any financial compensation. Anti-ageism groups have praised the plans. “Everybody stands to win from scrapping forced retirement. People over 65 will have full employment rights for the first time. The economy will benefit from older workers’ precious skills and experience and their…
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