international employment law firm alliance L&E Global
United Kingdom

UK: Bill voted on 30 November 2017 (Mémorial A 1032): Amendment to pre-retirement schemes

The new bill:

  • abolishes the pre-retirement -solidarity scheme (from 1st July 2018)
  • adapts pre-retirement-adjustment, pre-retirement for shift employees and progressive pre-retirement:
    • in principle: mandatory affiliation of 5 years with the company which applied for it
    • compensation is limited to 3 years and ends at the age of 63