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Date: 13/10/08 
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Inflation

Retail Prices Index

June 4.6%
May 4.3%
April 4.2%

Source:
Office of National Statistics

Pay Deals

Average pay settlements to May 2008 (exc. bonuses)

Private Sector 3.8%
Public Sector 4.0%


Source:
Office of National Statistics

employee rewards & benefits news

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05-Jun-08 11:15 [Pay and Reward]
European Court of Justice to hear mandatory retirement challenge
An affiliate of the charity Age Concern is challenging the compulsory retirement age for employees at the European Court of Justice.

Heyday is putting forward the case that the UK government's imposition of the compulsory retirement at 65-years-old is in breach of the EU's Equal Treatment Directive, according to a report in magazine Personnel Today.

If the European Court of Justice approves the challenge, it is stated that several employees who were previously made to retire at 65, may be able to claim age discrimination.

Rachel Krys, chief executive of the Employers' Forum on Age, told the magazine: "Employers are at huge risk if they are operating a mandatory retirement age."

She added that increasing numbers people may be lodging age discrimination claims as publicity surrounding the case grows.

The trial will be heard on July 2nd and has been brought forward from the original date scheduled for 2009.

It was reported in Personnel Today in May that the Employment Appeal Tribunal upheld the £19 million discrimination and bullying ruling in favour of City lawyer Gill Switalski after she quit her job at F&C Asset Management.

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The Association of British Insurers (ABI) has told of its agreement with the decision of the government to not introduce a higher contribution cap in the first year of personal accounts. Find out more>
An independent pensions adviser has stated that the pension crisis has deteriorated in recent times, with private schemes being hit. Find out more>
The Pension Protection Fund (PPF) has announced that it rescued a further four pension schemes during the month of September. Find out more>

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