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Reform to State Pension age: Commentary in the UK

by on December 9, 2013

As we predicted last week, there has been plenty of comment from columnists, campaign groups, academics, lawyers and the public alike on the Chancellor’s announcement that State Pension age will rise eventually to 70. Here’s a quick look at some of the headlines:

The Independent carried an item on how ‘Britain’s poor ‘will die before they retire’ if pension reforms aren’t matched by health improvements’. This called for action on health inequalities on the grounds that with male life expectancy at birth as low as 66 in some of the most deprived parts of the UK, a “one size fits all” pension age risks condemning many to a life without any retirement at all.

The Telegraph featured an article on a warning from lawyers that raising retirement age ‘will result in employment disputes’ with more older workers challenging their employers. It suggests that one area of tension will be around employee expectations of flexible working in the run up to retirement.

And on the letters page of The Independent, there’s the suggestion that we’ll miss the work that the retired currently do. It’s argued that by raising the age of retirement to 70 this may reduce ‘the pool of skilled and experienced volunteers and the contribution they make to the health and wealth of society’. A gap that will have to be met and paid for by Government.

One thing’s for certain, there’ll be plenty more commentary on this issue.

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