Retirement age to rise by as much as six months per year

[annie]

Older people will be encouraged to work longer under a Government plan to increase the average retirement age by six months every year.


Ministers believe that the retirement age needs to increase dramatically to reflect Britain’s ageing population and to avoid a health care crisis.


The average age of retirement is 64.7 for men and 63.1 for women. The Department for Work and Pensions said in its business plan that it would like the average to rise by as much as six months every year.


The number of over-65s in England is expected to increase by 51 per cent over the next 20 years, and the numbers of those aged 85 and above will double by 2030. Ministers accept that the trend will hugely increase the costs to the NHS, elderly care and state pensions systems
http://www.telegraph.co.uk/finance/personalfinance/pensions/11144991/Retirement-age-to-rise-by-as-much-as-six-months-per-year.html

[maureenho]

I expect they are increasing the retirement age to make us work longer so it kill us off quicker so we are not a burden on the state in old age.

[Honey]

go90 tha22222

[wendy]

its is ok if the person has a job that they can do, but not if they are in poor health.

[coffee]

In reality  less poor  people living to old age alive  to enjoy themselves :undecided:  :undecided:

[annie]

Can you imagine firemen policemen, nurses, builders or anyone with a physical job working into their 70s & beyond?It is a joke. As Mo says they are hoping to kill us all off with work. I thank God I am already retired but fear for my daughter and grandchildren

[Rosalind]

I do not get my state pension till I am 66 years old  gips.

[Misspears]

I agree with mo