The pension age will rise to 68 from 2037. This is seven years earlier than planned.
More news HERE.
My younger, newly qualified colleagues have been told to anticipate a retirement date at 75! I think that if people have to work longer then adjustments need to be made for many. Think of all the lifting a nurse has to do for instance.
I'm one of the people born in the 50's who've been caught in it all. Instead of an anticipated pension age of 60 mine is now 65. No time to plan - nothing.
My friend from school, is 4 months older than me, she was born September I'm January. She collects her pension 1yr & 3 months before me.
I hope to be able to retire a few years before 67 though with private pensions I have before drawing my state pension , perhaps in the future workplace pensions will play a more important role in providing for the longer life expectancy we now appear to have as the state pension doesn't seem able to cover the increasing number of people drawing state pension .
Along with many final salary pensions being closed it doesn't paint a pretty picture for many younger people .
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Edited by
andy66
2017-07-19 21:21:54
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