What is the current default retirement age?
I ask this during my presentations quite a bit, and get A LOT of different answers, with “65” being the most common
The real answer? There isn’t one. It was abolished in October 2011, with a short transition period where you were allowed to give your employees six months’ notice of retirement.
That concluded in 2012.
What does that mean for you as an employer?
Quite a bit as it happens.