In Brief – August 2010
HReSource > Employment Law Updates > In Brief – August 2010
Date: August 2010
Author: HReSource
© R2b media Ltd 2010. HReSource™
The Government has announced that the default retirement age (DRA) will be consigned to the history books in October 2011 under proposals published last month.The new plans allow for a six month transition from the existing regulations, following the announcement in the budget that the DRA would be phased out from April 2011. Currently employers can make staff retire at 65.This measure is one of the steps the Government says it is taking to help and encourage people to work for longer against the backdrop of demographic change.Others include reviewing when the state pension age should increase to 66 and re-establishing the link between earnings and the basic state pension.The consultation also proposes to