Employee benefits; the trouble with ageing...

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In advance of a change in the law, James Walker describes what the removal of the default retirement age could mean to businesses and their employee benefits

On 29 July 2010, the government issued a consultation document titled ‘Phasing out the default retirement age’. This document proposes that from 6 April 2011, you will not be able to issue any notifications for compulsory retirement using the Default Retirement Age (DRA) procedure. Between 6 April and 1 October, only employees who were notified before 6 April, and whose retirement date is before 1 October can be compulsorily retired. After 1 October 2011, you’ll not be able to use the DRA to compulsorily retire employees. If you wish to use retirement ages, you’ll have to be able to d...

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