The DWP has begun a consultation on the effects of age discrimination on employers' flexible retirement policies.
It comes in response to an earlier DWP consultation, which suggested occupational schemes be allowed to either stop or reduce benefits for workers over the age of 65, or stop death-in-service benefits, to keep costs manageable for employers. The DWP says its initial consultation found age discrimination laws, which require employers to provide the same benefits to all employees, regardless of age, were causing considerable unease among firms, trustees and pension advisers. Currently, employers are permitted to retire workers at age 65, though they can agree to continue working beyond th...
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