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Thursday, 29 July 2010

Chamber Reacts to Plans to Scrap Retirement Age

Commenting on plans to scrap the retirement age, Dr Brian Sloan, Head of Business and Economic Policy at Greater Manchester Chamber of Commerce, said: "We believe that the default retirement age should remain 65. While Chamber members recognise the benefits of allowing employees to work beyond this age, they want the flexibility to decide whether or not this is appropriate.

"Many employers already have processes in place that allow staff to work beyond 65, but the default retirement age provides a fail-safe. Scrapping the retirement age at a time of high youth unemployment and slow economic growth is not helpful to business."

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