LONDON: Paul Ewart, a distinguished member of Oxford’s physics department, had no desire to leave when he reached the university’s then mandatory retirement age of 67 .
This finding is not conclusive because Oxford won a similar case in 2018 against an English professor whom it forced to go. They are living longer. At the age that companies try to ease them out, they may feel they still have 20 years or more ahead of them. Most people eventually need glasses as they age, the menopause hits some women hard and men often struggle with the design flaw that is the prostate gland. But other than that, many 65-year-olds today feel no different to the way they felt when they were 45.Yet most companies have few strategies beyond hoping their older staff clear off.
Over the decade to 2018, the labour force participation of 55-64 year-olds in OECD countries rose 8 percentage points to 64 per cent.In most member countries, “the effective age at which people exit the labour market is still lower today than it was 30 years ago, despite higher remaining years of life”, the OECD said.