Government 'contradicts itself' with pensions schemes

14-10-2008

Government 'contradicts itself' with pensions schemes
The government is contradicting itself by keeping the mandatory retirement age while encouraging employees to continue working past 65 to make up for pension deficits, Age Concern has claimed.

There is a worry that in the future there could be too many people relying on state pensions because of an ageing working population in the UK.

This means the government is encouraging people to work for longer and many will not be able to claim their benefits until they are at least 67, according to a spokeswoman for Age Concern.

She said it was "completely contradictory" to ask people to work for longer while at the same time wanting employers "to be able to say that they don't want to employ you after the age of 65".

According to a report by AEGON, 86 per cent of people said they felt they could get by financially when they reached retirement age.


Age Concern: Governments stance on compulsory retirement age is "completely contradictory" to UK's pension needs

Related categories: HR / Recruitment.


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