Forum Topic

State pension age ‘must rise to 71’

https://www.pensions-expert.com/Law-Regulation/State-pension-age-must-rise-to-71-research-shows?ct=trueMaybe its about time the general public put tw0 fingers up to the politicians who have never done a days work in there life, and stop paying in for a state pension. That face it at 71 there won't be many around to collect it.

Bernard Allen ● 386d39 Comments

I think it was a shame to concentrate and lose the first year of 6th form to yet another exam (AS) instead of the other things eg social studies and work that 6th formers used to do.

Philippa Bond ● 383d

Yes, I've heard of that.  I think we've lost a lot of students by the end of their school education and they would be better putting their energy into learning or doing something else.  Getting the chance to see and find other interests you can make a career out of.What happened to all the Further Education classes?

Philippa Bond ● 383d

Some countries have a national service which is called civil service, a sort of community service. I understand this is quite popular. For instance you are stuck in a dead end job. You may find you are suited to a medical job if you chose to do your service in a hospital.

Nicholas Beard ● 383d

Agree, that's why I think National Service would work as they can learn and have choices.

Janice Evans ● 384d

You have hit the nail on the head regarding apprenticeships. Also I have to agree about learning on the job. This way you simulate easily into the company culture.

Nicholas Beard ● 384d

Youngsters leaving school with no qualifications, there's very little option of what work they can apply for. Unless the old type apprenticeship is brought back, its surprising how far you can get by learning on the job, not only that it creates you self-esteem knowing your going to learn to be a trades/man/women and be one of the middle wage earners when their five years of training in over.The current apprenticeships just aren't working for the  average school leaver

Bernard Allen ● 384d

The IMF recently warned the UK against tax cuts.

Nicholas Beard ● 384d

A lot of young I have spoken don't feel work is a good option, it doesn't appeal. My generation didn't question it. I remember a teacher telling me she was just producing factory fodder in the late sixties.

Nicholas Beard ● 384d

If the crazies insist on reducing taxes especially on the wealthy who can also afford help to avoid taxes then there will definitely be less of a tax take.  There are so many people who are now having to take jobs on reduced salaries and working people using foodbanks. The rich get richer and the poor get poorer.

Philippa Bond ● 384d

Only because the younger generation doesn't want to work.

Bernard Allen ● 384d

I agree with Steve state pensions will be phased out given workplace pensions for the majority, leaving those on state benefits to receive state pension. Given the aging population there will be more pensioners than workers so state pension is unsustainable in the future.

Jayne Thorburn ● 384d

Agree with you on schools Vanessa.

Janice Evans ● 384d

It’s imperative that the triple lock is maintained or pensioners will see their pensions dwindling very quickly. Hence, if they need to increase state pension age to 71 in order to maintain triple lock, that would be far preferable and more sustainable. With every working person now also contributing to workplace pensions, they can still retire much earlier than 71 if they choose to; they just have to wait longer to draw the State Pension, which in any event, should just be regarded as a little top up to ones private pension.

Steve Taylor ● 384d

All schools should have an anti-bullying policy, which should be rigorously followed, bullying is always a problem, but any school kidding itself that it doesn't happen to them is living in cloud-cuckoo land. First of all schools must acknowledge the existence of this going on, and then tackle it head on by instilling trust in students enough to come forward and confide in a member of staff. Perpetrators of such behaviour should be left in no doubt that they will not be tolerated and dealt with accordingly.

Vanessa Smith ● 384d

I find the figure of 30k+ a year for a single pensioner to have a comfortable retirement hard to fathom, assuming that the mortgage is paid off. From what I read, it looks as if they are factoring in giving thousands to children and/or grandchildren every year.

Susan Kelly ● 384d

From what I read this also seems to be tied in with the Government's wriggling about trying to dump the 'Triple Lock'. Basically, if they can do away with that, then that will leave money in the system so that they won't need to think about raising the retirement age. So it's not their fault - (never is) it will be the fault of us lot who are already in receipt of the state pension, of course it is. Yet today the papers are reporting that if you wish to maintain a 'moderate' standard of living in retirement then you will need an extra £8000 p.a.! So there we have it - it's us greedy retirees, nothing to do with the government then.

Vanessa Smith ● 384d

I don't think the schools have time to sort out bullying. Also there is a massive shortage of teachers.

Nicholas Beard ● 384d

I know of children who are being referred to counselling for bullying. It would be a start if schools could get a grip on how to manage this age old problem

Maggie Dodge ● 384d

Also 600 children a week being referred for EMERGENCY MENTAL HEALT SRRVICES. A lot of these will probably never work. Also huge amount not attending full time education, not a good outlook for the future of tax and NI contributions.

Nicholas Beard ● 384d

Life expectancy in the UK  is around 78 for males and 82 for females and, in the UK, has stopped increasing. Healthy life expectancy is around 63 for males and 64 for females.  So a retirement age of 67 or 68 is high enough and even that is too high for some jobs eg firefighter.

David Turner ● 385d

It’s imperative that the State Pension age increases to 71. There are far to many pensioners in the UK. No reason why people can’t work longer seeing that we are living longer. It’s unsustainable to pay a state pension from 66. We can’t afford it.

Steve Taylor ● 385d

How do you encourage more people to keep themselves well?Will the HMRC and DWP actually be able to cope with any more changes?  They haven't sorted out the last lot yet with the WASPI decisions outstanding where they didn't inform people of the age change nor those querying their NI contributions where the date has been moved to 2025 now and there are lots of women who have not been credited for the years that they were looking after children when they should have been.

Philippa Bond ● 385d

Also the NHS unable to cope and keep us well.

Janice Evans ● 385d

I do feel that we need different retirement ages, depending on how physically demanding a job is. This has always been recognised in the public sector when it comes to people like police officers and firefighters.It would be very hard to draw up rules for this, though. Imagine the complaints from those who didn't make the cut!

Susan Kelly ● 385d

I started my last job at 60 and went on until 69, by which time I was feeling my age.

Nicholas Beard ● 385d

I started a job at 62 and am still in it.

Keith Iddon ● 385d

The retirement age in France is being raised to 64 and the pension is higher. We have one of the least generous state pensions in Europe but still a problem. We also have a huge amount of people under retirement age who are not paying contributions because they are unable to work and I have read this is causing a significant problem.

Nicholas Beard ● 385d

No, employer do not take over 50s now. Ageism is a huge discrimination issue, but easy to be "overlooked"...

Cris Bur ● 385d

Well that is my point. It would be pretty horrendous if you were taking your pension and the age changed so that people older than you had to carry on working.

Chris Blackwell ● 386d

The suggested rise in pension age does not seem to arise from an increase in life expectancy (which in the UK has stalled or even reversed) but rather that too many people are unable to work due to illness or disability. It appears those that can work will need to delay their retirement because of the high numbers who can’t work. Work until you drop perhaps. But will employers want those over 65 even if they are fit and healthy? I still hear many older workers complaining they are overlooked in favour of  younger employees.

David Turner ● 386d

It would be o.k. If you are able to take it earlier if you are ill.

Janice Evans ● 386d

First state pension was introduced in 1908 and was only for people over 70 and the median life expectancy at that time was 59 (for men).  Pension age of 65 was only introduced in 1948 when the median life expectancy for men was 71 - and life expectancy did not change much until the early 1970s.Effectively the latest proposals are simply reverting the state pension back to what it was intended to be over the first 60 or so years of existence of the state pension

Justin Stephenson ● 386d

The £500b poured down the drain over the Covid scam would've come in handy..

Michael Brown ● 386d

ChrisNo, but do you honestly think pensioners should have their pension stopped?

Bernard Allen ● 386d

But Susan as you are aware many are not fit to work to that age.

Janice Evans ● 386d

Ha, women's illness begins earlier around 50s .

Janice Evans ● 386d

Also, if you are already collecting it and the age increases do you stop getting it?

Chris Blackwell ● 386d

Average life expectancy is a good 10 years higher than 71, so there will plenty around the collect it.

Susan Kelly ● 386d

Adults of 65 and over are more likely to encounter diseases, Alzheimer's or more advanced chronic conditions like diabetes and heart disease so agreewith you.

Janice Evans ● 386d