Showing posts with label Pensions. Retirement age. Show all posts
Showing posts with label Pensions. Retirement age. Show all posts

Wednesday, 11 December 2013

Working till we literally drop!

I am a bit late in posting my review of George Osborne's autumn statement.

What stood out the most for me was his statement about increasing the pension age to sixty eight. 

Even if economically it makes sense it does not seem fair that millions of people in there 20s or 30s could be looking at an extra eight years of work. 

It is already hard to secure a job with a pension. George Osborne made the assumption that as people are living longer therefore they will be healthy enough to work longer. 

He may well be right but even if your healthy enough to work in your mid to late 60s. It does not seem like an efficient way to deal with the pension crises.