There is a new taboo in the workplace: retirement. Age discrimination legislation and the abolition of the default retirement age means that companies are worried about talking to older workers about retiring, for fear of being accused of ageism. As ongoing research I’m involved in has begun to show, this is helping nobody.
Governments in many countries are encouraging us to work for longer as we live longer, largely to rescue failing pension systems by continuing to pay tax and possibly save more for our retirement. In the UK, recent policy changes have had an impact on how companies and their employees regard retirement. Age discrimination legislation made direct or indirect discrimination on the basis of age illegal in 2006 and this was followed by further legislation in 2011 which got rid of the default retirement age which had been set at 65. This made it illegal to force someone to retire at a particular age.
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