NSSN 172: Enough is enough…no work ‘til we drop!

December 11, 2013 in Bulletins

Osborne’s Autumn Statement last Thursday, not only brought forward by ten years the new retirement age of first 68 and then 69 – it will be open-ended with it being regularly reviewed in line with life expectancy. This poses workers getting their state pensions into their 70s and because many occupational pensions use this age as a yardstick, workers will fear being forced to work until they drop for the full retirement benefits that they have worked and paid for. In one fell swoop, Osborne has kicked away one of the main planks of the pensions deal that unfortunately some […]