Society & Culture0 min ago
George Moves The Goalposts Yet Again !
Fancy working until your 70 ?.
http:// money.u k.msn.c om/autu mn-stat ement-2 013/aut umn-sta tement- young-t o-work- until-7 0-1
http://
Answers
If one can not imagine wanting to stop working one must be in good physical and mental health and have found something wonderful to do. This is a further promise to steal from the old. At any instant there is a certain population in the country, and a certain number of job opportunitie s. That means there is always a need for the government to fund out of work...
10:45 Thu 05th Dec 2013
I can imagine that quite a few people would view this news with some irritation, but I cannot imagine wanting to stop working, even at 70.
And given the steep increase in average life expectancy and improved quality of life for most people post-60 odd nowadays, I have some sympathy for linking the pension more explicitly to life expectancy.
And given the steep increase in average life expectancy and improved quality of life for most people post-60 odd nowadays, I have some sympathy for linking the pension more explicitly to life expectancy.
@tony, Yes, I agree with you. Different jobs will have different physical and mental challenges, and of course we are all different too, so what people do will very much influence their feelings on this news.
I would tend to agree with jno though- I think as a society we are far far too lax in planning for our retirements in this country. Many more people need to make their own provisions for their own retirement, and in an ideal world the state pension should be seen as a kind of top-up to ensure comfort. Of course for many that is not the case, I do understand that, but simple population and health demographics dictate that states can no longer afford to offer pensions over such a long term nowadays.
I would tend to agree with jno though- I think as a society we are far far too lax in planning for our retirements in this country. Many more people need to make their own provisions for their own retirement, and in an ideal world the state pension should be seen as a kind of top-up to ensure comfort. Of course for many that is not the case, I do understand that, but simple population and health demographics dictate that states can no longer afford to offer pensions over such a long term nowadays.
Don't blame George, any government would do the same.
The country cannot afford to pay people a pension at 65 if people are expected to live till 80, 90 or 100.
After all if you work for say 45 years during your life and are paying IN to the system you could be drawing OUT of it for 25 or 30 years, and the sums just don't add up.
The country cannot afford to pay people a pension at 65 if people are expected to live till 80, 90 or 100.
After all if you work for say 45 years during your life and are paying IN to the system you could be drawing OUT of it for 25 or 30 years, and the sums just don't add up.
Doesn't the fact that people will have to work to 70 to get state pension contribute to the youth unemployment. You now only need 30 years contributions to get state pension (used to be 44), but you still have to contribute if you are working, so why not offer full state pension to all those with 30 years and require all employers who release staff this way to employ a young person
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