Eight out of ten of the UK's top companies provide directors with pensions that can pay out in full when they reach 60 and are worth, on average, 26 times those of most employees, according to the TUC.
The union body's analysis of the annual reports of more than 50 of Britain's leading companies showed 98 per cent of their final salary pension schemes for executives had a normal retirement age of less than 65.
In a little under 80 per cent all directors could retire at 60 without their pension being reduced.
Only in one company did some – although not all – executives have to work until they were 65.
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