Centre for Policy on Ageing
 

 

[Delivering] flexible retirement
 — [cover title]: Flexible retirement
Author(s)Jessica Bone, Samantha Mercer
Corporate AuthorEmployers Forum on Age
PublisherEmployers Forum on Age, London, [2000]
Pages58 pp
SourceEmployers Forum on Age, 1268 London Road, London SW16 4ER.
KeywordsRetirement policy ; Early retirement ; Phased retirement ; Pensions.
AnnotationUse of the term "flexible retirement" refers to flexibility over the age at which one retires and the ability to gradually retire, that is, flexibility over the length of time one takes to retire and the nature and intensity of work leading up to final retirement. EFA makes the case for flexible retirement, by outlining the advantages and disadvantages, and assessing the demand for flexible retirement. Although there are barriers to flexible retirement including Inland Revenue (IR) rules and pensions structures, there is flexibility in occupational pensions. Examples are cited of policies and best practice at B & Q, Granada Road Services, and J Sainsbury plc. Suggestions are presented on how employers, government and individuals can create a framework for implementing flexible retirement. The report concludes that early retirement makes little economic sense in the context of an ageing population, where greater participation in the labour market needs to be encouraged. Flexible retirement is recommended as a more viable response to future skills shortages and an ageing population, than either raising or lowering the lower or upper age of retirement. (RH).
Accession NumberCPA-010123002 B
ClassmarkG5: G5M: G5N: JJ

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