Rachel Reeves has warned that the state pension must be ‘affordable’ amid concerns that the younger generation may not receive it until they are 74. The Chancellor said increases in life expectancy have to be taken into account after ministers launched a review. Concern has been raised about the sustainability of the triple lock, which meansContinue reading “Pension Should Be Affordable, Says Reeves”
Tag Archives: Pension Age
Can Rishi Sunak Win The Election Next May?
Rishi Sunak is set to slash the despised inheritance tax and secure the triple lock that guarantees state pension payments ahead of the next election, fuelling speculation he could go to the country as soon as May. The Prime Minister could make an announcement on IHT before the Conservative Party Conference next week, pledging toContinue reading “Can Rishi Sunak Win The Election Next May?”
PARLIAMENT AND STATE PENSION
The British State Pension is far too low, we all know that. It needs to increase and be put back to anyone aged 60. If the Government put pensions up to £380 a week, it should lift thousands out of deprivation and give our senior folk more spending power and help boost the economy. However,Continue reading “PARLIAMENT AND STATE PENSION”
There Will Be A Delay In Retirement For 8.5 Million Workers
Almost nine million workers will be forced to wait longer for their state pension if the Government increases the retirement age to 68 in the mid-2030s. The state pension age is presently set at 66 and is in the process of increasing to 67, and it’s legislated to increase again to 68 between 2044 andContinue reading “There Will Be A Delay In Retirement For 8.5 Million Workers”
Why Making Women Retire Later Comes With Hidden Costs
A study has found that reforms that pushed back the age women can claim the state pension have not saved the taxpayer money, and it said that women who stay working into their sixties compensate by reducing the care they provide for their parents. Researchers said in a report that for every woman working 30Continue reading “Why Making Women Retire Later Comes With Hidden Costs”
THE MONTHLY MOSQUITO 