Lidl Ireland has announced that it will remove the mandatory retirement age clause for all current and prospective employees.
This indicates that all employees will have the choice to continue working after the age of 65.
The low-cost supermarket chain said it is the first company in Ireland to announce the removal of the mandatory retirement age clause.
The retailer said its decision will allow the company to attract more “mature” and “life-experienced” talent, as well as offering more flexibility to current employees.
The retailer said in a statement that through working with the Retirement Council of Ireland and LaterLife, it is committed to supporting employees through workshops across to provide employees with a holistic approach to retirement planning. It said this approach allows employees to consider all aspects of their retirement.
Meanwhile, Taoiseach Micheál Martin announced significant changes to the state pension system are in the works, which will provide employees more flexibility over retirement and encourage workers to work past the age of 70.