Retirement survey 2011: employers respond to the end of the default retirement age
Author: Charlotte Wolff
The 2011 XpertHR survey on the abolition of the default retirement age finds that seven employers in 10 will not be requiring employees to retire at a given age, but the remaining three in 10 remain undecided about what approach they will adopt.
Key points
- Following the abolition of the default retirement age (DRA), 67% of the 157 employers responding to& the 2011 XpertHR retirement survey will allow employees to retire whenever they wish, while some of these (13%) will incorporate an informal retirement age into their policy as a guideline.