Retirement

(asked on 17th July 2024) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what compulsory retirement ages exist in the private sector; what changes have been made to compulsory retirement ages in the public sector in the last ten years; and whether the Government plans to (a) introduce and (b) change mandatory retirement ages in the private sector.


Answered by
Justin Madders Portrait
Justin Madders
Parliamentary Under Secretary of State (Department for Business and Trade)
This question was answered on 22nd July 2024

The Employment Equality (Repeal of Retirement Age Provisions) Regulations 2011 prohibited compulsory retirement taking place unless it could be objectively justified.

Compulsory retirement ages in the current Police pension scheme were removed with the introduction of the 2015 Police pension scheme. Compulsory retirement ages for Firefighters were removed more than 10 years ago.

Nothing in the private pension system sets a mandatory retirement age in the private sector. The Normal Minimum Pension Age (NMPA) sets the earliest point at which you can access your private pension without facing an unauthorised payments charge (except in cases of serious ill health).

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