Early Retirement: Menopause

(asked on 24th February 2022) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, what assessment she has made of the potential economic effect of workers taking early retirement as a result of menopause.


Answered by
Mims Davies Portrait
Mims Davies
Parliamentary Under-Secretary (Department for Work and Pensions)
This question was answered on 4th March 2022

No assessment has been made on the economic impact of the menopause, but by retiring at 63 instead of 55, a female average earner that took a 10-year career break could have £180,000 extra income and might increase her pension pot by 50%.

Too many women feel forced either to leave work, reduce their hours, or take a step back in their careers, because of the menopause. That is why we asked the 50+ roundtable of employer organisations to look at menopause and employment, emphasising the importance of the provision of support by employers. An independent report is now published which the Government will respond to.

The Women’s Health Strategy will have menopause as a priority, and the UK wide Menopause task force will take a holistic approach to menopause care from healthcare to workplace support and education, enabling national coverage which will provide benefits at a local level.

Our 37 district 50PLUS Champions provide a local response, reinforcing Jobcentre Plus’s commitment to supporting over 50s claimants find and stay in work by sharing the benefits of employing over 50s to employers. Our champions utilise their knowledge and local links to support Work Coaches and employers to understand the characteristics of our customers and the issues that may affect them such as the impact of the menopause, helping them retain women’s skills and expertise.

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