Forced retirement increasing, says charity
February 25, 2010 by admin
Filed under Career News and Advice
Age Concern and Help the Aged have reported that employees are increasingly forced to retire against their will.
More than 100,000 people were forced to retire against their will last year as employers used the default retirement age to cut back on jobs, according to Age Concern and Help the Aged.
The charity said its research suggested employers had used forced retirement as a cheap and easy alternative to redundancy during the recession.
Michelle Mitchell, Age Concern and Help the Aged Charity director, said: “Our survey clearly shows the use of forced retirement has spiralled out of control, offering some employers a low-cost shortcut to shed jobs during the recession.
“The default retirement age has stamped an expiry date on hundreds of thousands of older workers. It’s the most disturbing example of age discrimination which still tarnishes later life for so many people.”
The charity’s figure is four times higher than the number it expected to see when the default retirement age of 65 was first introduced in 2006.
However it said it expected the situation to get worse in the near future: some 530,000 workers aged 60 and over are still working for employers who enforce the default retirement …
Read the original article at Guardian
i am saving money for my retirement because i want to enjoy most of my time as an old man.**”
as for my retirement, i plan to retire on an asian country and live a quiet and simple life.~`:
when i get a retirement, i would like to spend it on a tropical island with a very relaxing atmosphere;’~