Sunday, January 23, 2011

Ministers confirm end of default retirement age

The Default Retirement Age (DRA) of 65 is to be phased out between 6 April and 1 October of this year, the government has confirmed. The Department for Business said that as well as benefiting individuals, "the freedom to work for longer will provide a boost to the UK economy". Employment Relations Minister Edward Davey said: "Retirement should be a matter of choice." Presently, firms can use DRA to make staff retire at 65.

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  1. Not in the case of some asian countries. In China and the Philippines, the default retirement age is 60.

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  2. Thanks for the information. Another thing is that retirement age varies from country to country. Sometimes, it can also depend on a particular occupation or profession.
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