Work until you die

A report by the Centre for Social Justice has proposed raising the pension age to 70 by 2028 and 75 by 2035: Tory’s plan to raise the state pension age to 75 over the next 16 years. It’s claimed this is necessary in order to deal with rising pension costs. Somehow, the fact that UK pension levels are the second lowest in the European Union doesn’t seem to register: How does the UK pension measure up against the rest of the world?

Life expectancy levels across the UK vary and improvement in them has stopped: National life tables, UK: 2015 to 2017. In some regions of the UK, after pension ages have been raised, it could well be the case that many more pensioners will only be claiming for a few years before they pass away. There will also be an increase in the number of people who don’t even…

View original post 351 more words

Advertisements

Leave a comment

No comments yet.

Comments RSS TrackBack Identifier URI

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.