Wouldn’t a  more equitable way of dealing with survival rates post pension be to tie it to years in the labour force.  Those of us who entered it in our mid 20s, especially since we come from an era of GRANTS for students and no fees, would be in a different position from the poor devils who started at 15 – the school leaving age until the early 70s. That would address different post retirement survival rates at least for a  generation.

 

David Byrne

 

 

This might be of interest to some.

State Pension age: Call for evidence

The Government announced today a review into the timing of the increase in State Pension age to 66.  Ensuring an equitable state pension is a key priority for the Government. We are protecting the future value of the Basic State Pension through the triple guarantee that it will be increased by the better of earnings, prices or 2.5%. However life expectancy at age 65 is increasing at a faster rate than was previously projected and we must make sure our pensions system is sustainable.  To support this review the Government has published a Call for evidence to inform an internal review. This provides an opportunity for people and organisations to submit evidence to help us reach our decision.

• When should the state pension age increase to 66? A Call for Evidence (105KB)

This Call for Evidence will close on 6 August and the response will be published in the autumn. This is to ensure that as much notice as possible can be given to those who might be affected by an earlier rise in the State Pension age than expected.

Please send your responses or any queries about this document to:

State Pension Age review team,
State Pensions Division,
Floor 5,
Section B,
Caxton House,
Tothill Street,
London, SW1H 9NA.

Email: [log in to unmask]
Fax: 020 7449 5896

Please ensure your response reaches us by 06 August 2010.

 

 

Steve

 

 

S D McKay, Professor of Social Research