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Backlog Delays Social Security Retirement in Chile is a private – and heated – matter
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EU Urges UK To Scrap Compulsory Retirement Age – Paper
By:
Unknown author
London -- The European Union is urging the U.K. to scrap the compulsory retirement age of 65, opening up the prospect of people working far longer in order to fund their old age, The Observer newspaper reported Sunday. The proposals extend to scrapping the retirement age across the continent, and will be presented to the British government at a European and United Nations summit in Berlin later this year, the paper said. A draft of the document says compulsory retirement ages are becoming unsustainable as people live longer and state pensions fall behind earnings. It also says people should not be "encouraged to take early retirement," or be penalized for staying in the labor market beyond the age of 65, the paper said. Instead, "gradual retirement" is the preferred option. The Confederation of British Industry is against legislation that makes it more difficult to "refresh" staff numbers, the paper said. If passed, such legislation will bring hundreds of thousands of people into the U.K. labor market. FAIR USE NOTICE: This page contains copyrighted material the use of which has not been specifically authorized by the copyright owner. Global Action on Aging distributes this material without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. We believe this constitutes a fair use of any such copyrighted material as provided for in 17 U.S.C § 107. If you wish to use copyrighted material from this site for purposes of your own that go beyond fair use, you must obtain permission from the copyright owner.
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