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Retirement Age

Volume 453: debated on Monday 27 November 2006

To ask the Secretary of State for Trade and Industry what account he took of (a) his Department’s economic impact assessment and (b) other academic and research studies commissioned by his Department and the Department for Work and Pensions when he made the decision on a mandatory retirement age. (103109)

I refer the hon. Member to my answer given on 30 October 2006, Official Report, columns 93-94W, and my answer of 22 November 2006, Official Report, column 125W. During the course of the extensive consultative process on proposals for how the legislation should tackle mandatory retirement ages, and the formulation of the regulations, we considered and assessed the evidence available to us, including our assessment of the relative costs and benefits of the options identified in our “partial” regulatory impact assessments, as well as research commissioned by the Department for Trade and Industry and the Department for Work and Pensions. The Government’s decision to provide for a default retirement age of 65 with a right for employees to request working longer best met the aims that we were seeking to achieve.