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The number of older people in employment is at a record high. There are now 10.5 million workers aged 50 and over in the workforce compared to 9.1 million five years ago.
To support women to remain and return to the labour market, the Government has removed the Default Retirement Age meaning most people can choose when to retire, and extended the right to request flexible working to all employees with 26 weeks’ continuous service with their employer.
We have appointed a Business Champion for Older Workers to engage and influence employers both strategically and in terms of practical advice.
In February 2017, the UK Government published “Fuller Working Lives: a partnership approach” to set out the role employers, individuals and Government can play in supporting fuller working lives. https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/587654/fuller-working-lives-a-partnership-approach.pdf
Through the National Retraining Partnership, a strategic partnership between Government, the Confederation of British Industry and the Trades Union Congress, Government is developing the National Retraining Scheme. The National Retraining Scheme will help prepare adults for the future changes to the economy, including those brought about by automation, and help them retrain into better jobs.
To support employers, Business in The Community has also created MOT guides that support businesses. https://age.bitc.org.uk/tools-impact-stories/toolkits
For people who simply can’t work, our welfare system will continue to provide a strong safety net, as it does for people of all ages now. The Government is committed to supporting the vulnerable and spends over £50 billion a year on benefits to support disabled people and people with health conditions.