People should be allowed to work beyond the age of 65 and with more flexible hours, the Equality and Human Rights Commission has said.
Launching a set of proposals to open up more work opportunities for older Britons and address the challenges of an ageing workforce, the Commission called upon ministers to scrap the retirement age, saying it is out of date and discriminates against people who want to carry on working.
The economy would be the big winner from the Commission’s policy, it has been claimed. Research from the National Institute of Economic and Social Research shows that extending working lives by 18 months would inject £15 billion into the British economy.
The call coincides with the release of a new survey carried out for the Commission into older workers’ aspirations, barriers they face and potential solutions to these. The results show that the majority of this group believes major changes are needed to attitudes and policies if they are to reach their goals.
Twenty-four per cent of men and 64 per cent of women say they plan to keep working beyond the state pension age. Most older Britons do not want to slow down, many want job promotions and others wish to work well beyond the state pension age.
However, structural barriers and outdated stereotypes are forcing people out of work early. While Commission research shows employers are offering lower level, part-time work to over 50 year olds, twice as many older workers want a job promotion compared to those that want to down shift.