29 June 2009
The Commons and Work and Pensions Select Committee are due to
publish a report in July which is expected to call for the
compulsory age of 65 to be abolished. The report suggests that
forcing people to retire on their 65th birthday is exacerbating the
pensions crisis.
However, businesses are expected to resist the move at it will
stifle their ability to replace older, higher paid workers with
younger, cheaper staff.
