Do You HAVE To Retire?

tinamaria

Can anyone help, my Dad is coming up 65 and works as a Groundsman for the Local Council, my Mum says she read something about a new law whereby 65 year olds have an option to stay on or at least be offered the opportunity? She may have got a bit confused by the info she's read but I just wondered if anyone could throw some clarity on the whole scenario?:o

caveat_emptor

Your mum might be referring to this,
http://www.dti.gov.uk/employment/discrimination/age-discrimination/page26488.html

CIS

If he keeps on working, remember that he can draw his state pension and stay in paid employment.

ManAtHome

Legislation coming in October wll mainly affect women (more about equality than freedom of choice).

tinamaria

Thanks all for your help with this one, I have printed off some gumpf for my Mum to read through!

CAE

Here is a link to the latest changes to the Local Government Pension

Scheme, which I assume is the scheme you refer to.

http://www.lgps.org.uk/latest/proposed-changes-england-wales.html

It says here you can remain in the scheme until age 75.

Extract quoted below.

Other changes that come into effect from 6 April 2006
you can join and remain in the Scheme until the day before your 75th birthday.
if you defer drawing your pension beyond age 65, your pension benefits will be actuarially increased.
I believe the employer will need to agree to continuing in employment eg. the ability to continue to do the job and the health of the individual concerned.