Monday 18 March 2013

Working into seventies 'should be new norm'

The Institute of Directors said it is “inevitable” that the age at which workers can collect their state pension would rise significantly to cope with rising life longevity and to tackle the ballooning pensions blackhole.
Under current plans, the state pension age is set to rise to 66 in 2020 – six years earlier than Labour had set out – and to 68 by 2046. But the IoD said the Government should use this week’s Budget to go further, increasing it to 68 by 2032 and 70 by 2044. 

http://www.telegraph.co.uk/finance/budget/9936020/Budget-2013-Working-into-seventies-should-be-new-norm.html 

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