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Union welcomes retirement age changes

The TUC has welcomed news that the government intends to phase out the UK's Default Retirement Age.
In plans that could have a transformative effect on the country's corporate community, businesses will not be able to make staff retire at the age of 65, as is the case under the current arrangements.
Brendan Barber, general secretary of the union, stated: "This is a welcome move. It cannot be right that workers lose their protection against arbitrary dismissal overnight because of their age."
He added that many people would prefer a phased retirement and called for the end to "the retirement cliff-edge where people work full-time one day and stop work the next".
Mr Barber claimed there should be new flexible working rights available for workers approaching retirement age.
The government is also reviewing whether the state pension age should be increased to 66.
Posted by Isobel Whitely
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