Retirement age review fast tracked for 2010
3 Aug 09
A review of the UK default retirement age, planned for 2011, will be brought forward to 2010
Pensions minister Angela Eagle said that the review would be part of a programme to help the economy respond to an ageing society.
Currently employers can require all staff to retire at 65. In 2005, Adair Turner produced a report for the Government on pensions arguing that Britons would have to work longer and save more for their retirement.
The following year, the Government said it favoured raising the age at which state pension was paid from 65 to 68 by 2046.