Survey reveals default retirement age should be abolished
According to a survey conducted by charity, Age UK, two-thirds of people support Government plans to scrap the default retirement age (DRA).
The survey, which questioned more than 1,000 people, found 70% wanted to continue working beyond retirement.
Currently, an employer has the legal right to terminate the employment of a 65-year-old – something which Age UK is calling on the Government to review.
Asda and the Nationwide Building Society already allow employees to work until the age of 75 and there have been calls for more companies to follow suit.
Meanwhile, the coalition Government has said it intends to scrap the forced retirement age, however, no timescale has been given.
Age UK is therefore calling on the Government to make its proposals clear and set a date to end forced retirement when it unveils its budget tomorrow.
Age UK, formerly known as Help the Aged and Age Concern, said tens of thousands of workers were forced to retire last year and the charity claims that more than £3 billion was wasted because of this.
The charity said Government plans to lift the state pension age would save taxpayers billions of pounds.
According to Michelle Mitchell, charity director of Age UK: “Forcing people in later life out of the labour market when they want to work, save for their pensions and pay taxes, is nonsense.”
“It makes a mockery of the Government’s plans to help people work longer,” she added.
Earlier this year, the Equality and Human Rights Commission said it was supporting plans to let the over 65s continue working.