Proposals to scrap the mandatory retirement age as floated by DWP secretary Andrew Smith have found ...
Proposals to scrap the mandatory retirement age as floated by DWP secretary Andrew Smith have found firm support among Britons aged over 50 according to a new survey by Norwich Union.
Nearly two-thirds, or 64% of respondents to a survey on attitudes about work post-retirement said they were against the idea of a compulsory retirement age.
NU has found through its research that 22% of retired people over 50 have gone back to some form of full-time, part-time, voluntary or seasonal work.
This figure jumps to 34% in the 65-74 age bracket.
Most who return say they do not need the money, and instead have returned to work because of wanting to remain active and interact with others - women in particular told the survey they missed interacting with work colleagues.
The government is expected to address the idea of a flexible retirement age in the pending pensions Green Paper, even if it does not at this time make any particular recommendations.
Firming up its idea about removing a mandatory retirement age could in any case be reserved for the White Paper, which would have to come about next year in order to meet the time targets the government says it is committed to.
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