People Working Past The State Pension Age

June 23rd 2012 10:03 am

A new report has been published providing insight into those who choose to work beyond the state pension age. Changes star ...

By Ray Arman

1,383 views

A new report has been published providing insight into those who choose to work beyond the state pension age. Changes started being phased in from November 2011 to the state pension age, bringing gender equality as well as extending the state retirement age for all sexes to 66 by 2020. The Office For National Statistics published the 'Older Workers in the Labour Market 2012' report provides some intriguing figures:

Since the early Nineties, more than twice the number of people are working beyond the state pension age.
Self Employment is more prevalent within the older age bracket.
Post retirement age, men are in more skilled employment than women.
More than 50% of post-retirement workers are in small firms (Less than 25 employees).
Workers continuing to work beyond retirement are working shorter hours often with their existing employer - 80% having been with that employer for 5 or more years.

If you would like to check what your state pension age will be, use this simple state pension age calculator - just enter your date of birth and sex. It uses the latest Government figures to calculate your retirement age.

what's trending

Tax Freedom Day 2013

May 30th 2013

2010/2011 Tax Calculator

November 11th 2009

Latest Tax and Business News Has Now Moved...

September 2nd 2016

New App For Small Business Tax Planning

May 12th 2013

National Minimum Wage 2012

September 15th 2012

be smart. find an accountant online now. it's easy!

what type of accounting work do you need help with? choose below.

are you an accountant? join our network

have a website, blog or app? become an affiliate

yorkshire and the humber

Disclaimer

We are a lead generation facility for accountants located across the UK. We provide our visitors with the ability to search for accountants directly or provide details of the work they require and seek out accountants looking for clients with similar circumstances. Users of this website are assured that their personal details are not distributed to more than one accountant and that accountant is then allowed to contact the user to discuss the service the accountant can provide. All data transmission on this website and administration facility is carried out under full 256-bit SSL encryption.

Please read our full disclaimer.