Autumn Statement: Plan to raise state pension age sooner

Autumn Statement: Plan to raise state pension age sooner
 

The government is planning to bring forward the date when people need to be 68 to draw the state pension, Chancellor George Osborne will announce in his Autumn Statement later. The change, currently set for 2046, may now happen in the mid-2030s, affecting people now in their forties and below.
The alteration is said to be deemed necessary as life expectancy is rising.
Moving the change forward will ensure "the country can offer people decent pensions", a government source said.
Mr Osborne is due to deliver his statement to the House of Commons at 11:15 GMT. Among the measures... read more

 
5 December 2013 in Business, Views: 24
Source: BBC
Share:
 




News Widget for Webmasters


Realtime News

 

«
»
Mo Tu We Th Fr Sa Su
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31