State Pension delay to age 70 for under 30's?

[nicko31]

Can see this happening

http://www.bbc.co.uk/news/business-39352654

I'd like to see proper reform of public sector pensions, urgently needed and completely unaffordable to the public purse

 

[Dorset Seagull]

70 is the new 60 and by the time the under 30's get there it will be the new 50. People will live longer so by default will have to work longer

 

[Wrong-Direction]

Oh great news!

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[Herr Tubthumper]

Given the run down state of the NHS and the loss of the EU workers rights will anyone actually now make it to 70?

 

[happypig]

Given the run down state of the NHS and the loss of the EU workers rights will anyone actually now make it to 70?

Only if they've been to a grammar school.

 

[Normal Rob]

Fat chance. There won't be a state pension in 40 years time.

 

[sir albion]

Don't know why people worry about bloody pensions....just enjoy life and spend the money while you can enjoy life.

 

[Lord Bracknell]

Can see this happening

http://www.bbc.co.uk/news/business-39352654

I'd like to see proper reform of public sector pensions, urgently needed and completely unaffordable to the public purse

What have public sector pensions got to do with the state pension?

 

[GOM]

What have public sector pensions got to do with the state pension?

They are both pensions and are either wholly or partly paid from public funds.

 

[GOM]

Given the run down state of the NHS and the loss of the EU workers rights will anyone actually now make it to 70?

Which loss of EU workers rights is that, I've not heard of any, did I miss the announcement ? I guess compulsory euthanasia is on the cards then.

 

[studio150]

Given the push on workplace pensions you can easily see the state pension age being pushed back and also not enjoying the current treble lock so that it losses its value in real terms. I would also expect the current age of 55 at which most people can access private pensions is increased in the future also.

How long will [MENTION=28934]AmexRuislip[/MENTION] be longing for retirement with these changes?

 

[One Teddy Maybank]

What have public sector pensions got to do with the state pension?

Exactly.



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[pastafarian]

Given the run down state of the NHS and the loss of the EU workers rights will anyone actually now make it to 70?

Why would you care anyway, you live in Germany and dont use the NHS

Can you please list which lost EU workers rights you are referring to

 

[Peteinblack]

What have public sector pensions got to do with the state pension?

Absolutely nothing!

I suspect it was an attempt to turn private sector workers against public sector workers, in order to promote divide-and-rule among ordinary working people (which Tories love to do). Then when everyone is squabbling and blaming each other for an economic or social problem, the top 1% will carry on awarding themselves £millions in salaries, bonuses - and pensions!

No-one ever says 'We can't afford the rich, because they are taking too much of the country's earnings and wealth for themselves, and not leaving enough for the rest of us'!

 

[Doonhamer7]

70 is only the start, I attended a future strategy trend last year where the prediction is children born today will not retire until at least 75, the NHS has to change radically (needs to actively manage your health not react to your sickness), euthanasia was also raised. By the way it is more like the top .1% who earn millions, too 1% us only around £150k so not millions

 

[nicko31]

What have public sector pensions got to do with the state pension?

Well they are both funded on a hand to mouth basis.

A public sector pension is worth the equivalent of around 25% premium on top of salary, sooner the government gets rids of defined benefit schemes the better.

 

[Moshe Gariani]

euthanasia was also raised...

Seems inevitable that at some stage we are going to need to confront this issue. People living to ever greater ages in ever greater states of decrepitude is logically unsustainable.

 

[nicko31]

Seems inevitable that at some stage we are going to need to confront this issue. People living to ever greater ages in ever greater states of decrepitude is logically unsustainable.

Can see at some point, early termination being offered for a enhanced pension in return

 

[Lord Bracknell]

They are both pensions and are either wholly or partly paid from public funds.

My public sector pension was paid for by my monthly contributions and by the fact that my pay level was lower than what I might have earned in the private sector.

State pensions are paid for out of general taxation.

 

[Albumen]

Well they are both funded on a hand to mouth basis.

A public sector pension is worth the equivalent of around 25% premium on top of salary, sooner the government gets rids of defined benefit schemes the better.

You don't work in the public sector do you.