When the default retirement age became no more in October 2011 there was an exemption – the Group Risk industry made it possible for businesses to terminate an employee’s entitlement to the benefit when they reached ’65 or State Pension age’.
Paul Avis, Group Marketing Director at Canada Life, explains this to HR Grapevine: “Specifically there was a fear that a Group Income Protection claimant may have to be paid until they died as the contract of employment could not be ceased without going through a formal capability dismissal.
