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Reconstructing RetirementWork and Welfare in the UK and USA$
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David Lain

Print publication date: 2016

Print ISBN-13: 9781447326175

Published to University Press Scholarship Online: January 2017

DOI: 10.1332/policypress/9781447326175.001.0001

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date: 16 August 2017

The changing regulation of work and retirement

The changing regulation of work and retirement

Chapter:
(p.47) Three The changing regulation of work and retirement
Source:
Reconstructing Retirement
Author(s):

David Lain

Publisher:
Policy Press
DOI:10.1332/policypress/9781447326175.003.0003

This chapter examines regulatory changes in the UK and US that increase opportunities to work beyond age 65. Drawing on the concept of ‘conversion’, it shows how both countries came to abolish mandatory retirement. This was intended to enable people to continue working, particularly if they had inadequate retirement incomes. It also reviews regulatory changes that make it easier for individuals to take a pension while working; this further blurs the divide between work and retirement. Finally, it examines the impact of age discrimination legislation on employment in English-speaking countries. Evidence is most comprehensive in the US, where mandatory retirement was abolished first. This indicates a clearer impact on the retention of older workers, rather than their recruitment.

Keywords:   age discrimination, mandatory retirement, work beyond age 65, retention of older workers, retirement incomes

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