Older workers should not be forced to retire at 65. As the country comes out of recession we face a very real threat of not having enough workers. This is the view of Baroness Margaret Prosser, deputy chair of the Equality and and Human Rights Commission (EHRC).
Hear, hear, the Rertired Old Blogger cries. Forcing people to retire at a specified age (currently 60 for women and 65 for men, but changing to 65 for both by 2020) is a nonsense and creates problems for the economy. There's a loss of skills and a pending pensions crisis that can only get worse.
Research conducted by EHRC found that 24% of men and 64% of women plan to continue working after they reach the official retirement age. All this has prompted the EHRC to come up with proposals for a complete change to employment practices.
They have woken up to the fact that today's population is moving away from systems established when people pegged out shortly after retiring and wives didn't work.
Nowadays, pensions are barely adequate and have to last a lot longer. The vast majority of people will need to be earning well beyond their 'official' retirement age. Good thing the Retirement Revenue website is their to help them out.
CLICK HERE to go to the Retirement Revenue Website
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