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    State pension age to rise to seventy.

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    papa_umau
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    State pension age to rise to seventy.

    Post by papa_umau on Thu 30 Mar 2017, 12:18 pm

    State pension age could rise to 70 and guaranteed pension increases may also disappear.

    New reports published today could see some younger people having to wait until they are 70 to get the state pension and the triple lock guarantee disappearing after 2020.

    The final report of the Cridland review and a separate report from the Government Actuarys Department (GAD) carry proposals which could have far-reaching consequences for both future generations and current retirees.

    The government is due to make a decision on the proposals by May.

    Get the full report from Which? HERE




    I remember this being mentioned a couple of years ago, but here it is NOW under this Tory government.



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    zathrus
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    Re: State pension age to rise to seventy.

    Post by zathrus on Fri 31 Mar 2017, 11:15 am

    Yeah, it has been talked about for some time, but now we find it implemented under the Tories.

    I wouldn't expect anything else from this mob.
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    papa_umau
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    Re: State pension age to rise to seventy.

    Post by papa_umau on Sat 01 Apr 2017, 11:57 am

    The fact that we are living longer makes this a temptation that any uncaring government cannot resist.

    When living longer we should be able to enjoy this extended life for as long as we can.

    With this 70 years lark we get our pensions later and we have to live longer just to stand still.


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    Gandhi
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    Re: State pension age to rise to seventy.

    Post by Gandhi on Sun 02 Apr 2017, 10:31 am

    Then it must also be the Tories shrewd management of the NHS as to why it is possible - we are all living longer!
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    papa_umau
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    Re: State pension age to rise to seventy.

    Post by papa_umau on Sun 02 Apr 2017, 12:47 pm

    I take it that your are congratulating the NHS on keeping us all alive for longer ?

    I might agree that that is some of it, ( no matter who is in government ), but our longevity is based on many things.

    My point is that under the nasty Tories we will have to wait longer to get our state pension and there is no guarantee that those later years will be lived in good health, even if we don't die as young as we used to.


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    Angie baby
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    Re: State pension age to rise to seventy.

    Post by Angie baby on Sun 02 Apr 2017, 12:57 pm

    I am one of the people that will be effected by this change.

    I am very angry about this. Mad
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    papa_umau
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    Re: State pension age to rise to seventy.

    Post by papa_umau on Mon 03 Apr 2017, 10:52 am

    And quite rightly so too.

    It's a shame that we can do very little about it.

    Maybe public opinion will eventually have an effect, but I am not holding my breath waiting for that to happen.


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    Hell's Granny
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    Re: State pension age to rise to seventy.

    Post by Hell's Granny on Mon 03 Apr 2017, 2:19 pm

    It is appalling. On the Continent, retirement ages are coming down.
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    papa_umau
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    Re: State pension age to rise to seventy.

    Post by papa_umau on Tue 04 Apr 2017, 11:15 am

    Yes HG, I have said many times here that we have a lot to learn from many of the European countries.

    Here, the elderly are just another target for government taxation.


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