Thursday, 5 December 2013

Retirement at 68 brought forward by Osborne

(A creep... er... man who has never held a proper job!)
George Osborne will use autumn statement to signal new formula linked to life expectancy that could save the government £500bn over 50 years


More people will have to work until they are 68 before being entitled to a state pension under plans to be announced by Chancellor George Osborne.
The current state pension age was set to change from 65 to 68 in 2046.
But that date will be brought forward to the mid-2030s, Mr Osborne
The pension age could rise again to 69 in the late 2040s, he will add, meaning people now in their 20s may have to work until they are 70.
Cameron and Osborne said that people should spend on average no more than one-third of their adult lives in retirement.

Retirement Age Graphic

Most of us will have to work until we drop - the idea of a long and happy retirement is a myth for all but a minority of people.

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And where are the jobs going to come from if millions of 'At one time pensioners' are working, what chance the youngsters of obtaining gainful employment? It's bad enough now!

My hatred of the upper class, spoon-in-the-mouths members of this government is growing more and more.

How did they get in power? Who is to blame?

Gordon Brown? The Voters? The Lib-Dems? or all of em?



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