Following our article in January’s AZ newsletter, the draft regulations to abolish the default retirement age of 65 have been laid before parliament.

The Regulations will come into force on 6 April 2011. The last ‘notice of intended retirement’ can be given up until 5 April 2011* for employee’s who have attained or will attain the age of 65 by 30 September 2011.

*However, employers should note that notices given between 1 April – 5 April 2011 may be subject to a penalty because an employer will not be providing the minimum 6 months notice required – please refer to the January AZ newsletter article.

Please contact Lawspeed if you require any assistance with your retirement procedures or policies.