INCREASE IN EMPLOYMENT AMONGST OVER 65sWednesday 12 December 2012
Dr Ros Altmann, Director-General of Saga, comments on the ONS Labour statistics showing that 959,000 people over 65 are currently in employment:
INCREASE IN EMPLOYMENT AMONGST OVER 65s
“It is great news to see the increase generally in employment but also a rise in the number of over 65s in employment. Many older people are increasingly choosing to stay at work, often part-time so that they ease more gently into retirement and have a better work-life balance.
“There are, of course, many more people now aged over 65 but also those coming up to retirement may be finding their private or state pensions are not as good as they had hoped - meaning they have to stay at work if they want a reasonable income. Generally though these figures should be seen as a positive and we hope this trend continues next year – bringing the over 65s to the landmark 1 million people in employment.
“By encouraging the opportunities of working longer, especially part time, we can ensure older people contribute to economic growth with a greater income for themselves while making retirement more fulfilling.”
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