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DRA changes 'to lead to greater control for workers' PDF Print E-mail
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Latest Recruitment News - HR and Recruitment Legislation News
Written by DirectNews Feed   
Wednesday, 01 June 2011 00:00
DRA changes 'to lead to greater control for workers' Many older professionals in roles such as finance jobs in London are set to be handed more control over when they finish work following the abolition of the default retirement age (DRA).

That is if findings from research by XpertHR published yesterday (May 31st) are anything to go by, as this established that more than two-thirds of all companies are planning to allow their workers to retire whenever they wish after these alterations have been made to the UK's employment law.

Meanwhile, 32 per cent indicated they are yet to make a final decision on how they will update their internal policy on retirement.

Earlier this year, the government announced its decision to remove the DRA - which allowed firms to make employees redundant at the age of 65 regardless of their personal circumstances - in order to give individuals a greater say on when they work until.

This change is to come into effect on October 1st 2011 and is being preceded by a six-month phasing out period.

Posted by Mary King
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