DEFAULT RETIREMENT AGE DECISION
DEFAULT RETIREMENT AGE DECISION A VICTORY FOR COMMON SENSE, SAYS CBI
Welcoming the High Court decision today (Friday) which supports a default retirement age of 65, John Cridland, CBI Deputy Director-General, said:
This judgment is a vital victory for common sense, and it supports the approach that employers already take to retirement. Businesses dont want to lose good people, whatever their age.
Eight out of 10 people who ask to work beyond 65 see that request accepted. Defeat for the government today would have created an unworkable situation that would have fuelled litigation and resentment.
A default retirement age helps staff think about when it is right to retire, and also enables employers to plan more confidently for the future. In certain jobs, especially physically demanding ones, working beyond 65 is not going to be possible for everyone.
Next years review will have to address these good reasons why we have the existing law.