May 31 2006

Working past retirement age

Nearly 60 per cent of people in their 50s and 60s who are still working say they want to carry on after 65 and ten per cent do not want to retire at all, according to new figures.

However, around two thirds surveyed by Heyday – a group set up by charity Age Concern aimed at people born between 1946 and 1965 – said they felt it was impossible to get a new job once they were within ten years of state pension age.

This means it is good news that the government has just released a White Paper on pension reforms which includes a proposal to increase the state pension age to 68 by 2044.

"We are very definitely wanting to work longer and not just because we have to, it's because we want an active and full life," said Ailsa Ogilvie, director of Heyday.

"People want part-time work, or a new career direction, or maybe to go back to college or go travelling."

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