first_img Previous Article Next Article The numbers of people working after retirement age is climbing, but thosestill working after 70 has dropped in the past year. Figures from the Office of National Statistics (ONS) show that 87,000 menaged 70 or over in employment compared to 104,000 last year. Yet there are5,000 more women of the same age range in employment in 2004 as there were in2003. In total, there are just over one million people above retirement age inemployment in 2004 – an increase of almost 25 per cent on the 1994 figure of772,000. Women are nearly twice as likely to be working after the normal retirementage than men. “A lot of these people have to work on because their pensions aren’thigh enough,” said Patrick Grattan, chief executive of the ThirdEmployment Network, which campaigns on pensioner issues. “Many are doingjobs they don’t want to do for employers who don’t really want them.” Despite this, there will be many more pensioners in employment in thefuture. The Organisation for Economic Co-operation and Development predictsthere will be 81 million people aged 65 or over in the EU by 2025, compared to57 million now. Management guru Peter Drucker said the retirement age in developed countrieswill rise to about 80 within the next 20 to 30 years due to people livinglonger. Comments are closed. Number of people working past age of 70 dropsOn 24 Aug 2004 in Personnel Today Related posts:No related photos.last_img read more

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