Rishi Sunak wants to get thousands of over-50s back to work with’midlife MOT’
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Rishi Sunak wants to get thousands of over-50s back to work with’midlife MOT’

Amid concerns that early retirees are impeding Britain’s economic recovery, Rishi Sunak intends to entice thousands of over-50s back to work with a “midlife MOT.”

Rishi Sunak plans to entice thousands of over-50s back to work with a ¿midlife MOT¿ amid fears that early retirees are hampering Britain¿s economic recovery
Government statistics indicate that approximately 630,000 people have left the labor field since the beginning of 2019, and employment levels have not yet returned to pre-pandemic levels.

A new personal examination would enable employees to evaluate their financial health.Back to work: The number of 50-64 year olds classed as 'economically inactive' has fallenWho pays what: Auto enrolment breakdown of minimum pension contributions - some employers will make more generous contributions to attract and retain staff

Many over-50s are reported to have decided to retire early based on assumptions made before the recent cost of living crisis.

Rishi Sunak aims to tempt thousands of over-50s back to work with a “midlife MOT” because of concern that early retirees are impeding the economic recovery of the United Kingdom.

The evaluation would also be used to find options for part-time or flexible work, mentoring, and skill development.


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