§ Mr. Ray Powellasked the Secretary of State for Employment what is the estimated number of vacancies that could be created for young people if a scheme of voluntary early retirement of those over the age of 60 years of age was introduced.
§ Mr. AlisonRetirement ages are agreed between employers and their employees and many male employees over the age of 60 years already choose to retire before the age of 65.
60WThe employment effect, including the effect on youth employment, of any special scheme will depend on the detailed arrangements and the prevailing economic conditions.