Quote:
Originally Posted by Ignitionnet
mertle, your post is indeed not funny.
In a hurry but one obvious point, wanting people to 'die at work' is nonsense, life expectancy has increased dramatically and the UK, along with its peers, has to make allowances for this in order to try and keep pension costs sustainable.
It's especially an issue for the UK as some idiots decided that people didn't need to save for their pensions and current tax payers would pick up the tab, which is great as the baby boomers retire.
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Its not to be funny thats MY FEAR this policy will do. Flog people at that age. Not everybody fit and healthy why should'nt people have a right to retire and enjoy relaxed while they can do something from 60.
Whether its state funded pension or private funded by businesses its one of the craziest moves of this government to expect people to work hard at that age. Pensions issue not just down to ignorant of not saving. City people abused it by speculating wildly causing it to lose money. Plus there was corruption in pensions few years back its not peoples fault. Also as peoples wages shrunk in real terms more and more finding less FUNDS to even contemplate it.
Squeeze pay causes knock-ons.
If the retirement was actually reduced it opens up loads jobs to fill surely CHURN more important to get people in work.