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Old 05-12-2013, 07:50   #1
Damien
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State pension age rise brought forward

http://www.bbc.co.uk/news/uk-politics-25225532

Quote:
More people will have to work until they are 68 before being entitled to a state pension under plans to be announced by Chancellor George Osborne.

The current state pension age was set to change from 65 to 68 in 2046.

But that date will be brought forward to the mid-2030s, Mr Osborne will say in his Autumn statement.

The pension age could rise again to 69 in the late 2040s, he will add, meaning people now in their 20s may have to work until they are 70.
Sensible and inevitable. Those of us in their 20s should be clear that our state pension won't come, at least, until we're 70. For all the focus on benefits they're a small expensive relative to the amount spent on pensions.
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