“The default retirement age should be abolished and public services and policies reshaped to promote extended working life.” This is according to John Sibson of consultants PricewaterhouseCoopers (PwC). A new report from PwC argues that the UK’s “retirement schedule” must be “reset” (external website) to cope with the financial and demographic challenges posed by the UK’s ageing population.
There is currently widespread speculation as to whether the Government will scrap the default retirement age. In this context, IRS – part of the XpertHR group - is conducting its 2010 benchmarking survey of retirement procedures, to investigate issues around the default retirement age, and explore employer practice in this area.
The survey closes on Friday 5 March 2010. All organisations taking part in this confidential survey will receive a free copy of the research report when it is published. Full benchmarking data from the survey will be published via the new XpertHR benchmarking service (subscription required).
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