Retirement age to be raised to 250

  Grey Goo 10:47 02 Sep 2009

Not really but it would appear that you may need to work until they hammer in the nails. The last bit concerns all future pensioners I think, not just the ladies.
click here

  GANDALF <|:-)> 11:52 02 Sep 2009

There is a huge amount of borrowing to repay and the old shall not be exempt.


  newman35 12:00 02 Sep 2009

But before we get all the "It's Gordo again, squad", complaining about his tax grab, I see that
"This latest raid stems from a cost-cutting measure introduced in the Social Security Act in 1986."

Long before we knew we would be in a deep recession, with billions to repay.

  Stuartli 12:19 02 Sep 2009

>>who said he believes the first person to live to 500 is already born>>

Well he won't be around when he is proved to be completely wrong, will he?

  OTT_Buzzard 12:36 02 Sep 2009

"first person to live to 500 is already born"

This is gotta see!

  OTT_Buzzard 12:36 02 Sep 2009

This I gotta see, even!

  lofty29 12:43 02 Sep 2009

The pensioner in the Uk are treated very badly indeed, and the person who started it off was the wonderful maggie thatcher when she cut the link between pay and pensions.

  Grey Goo 13:12 02 Sep 2009

>The link says the average State Second Pension is £1,768 p.a. so it's hardly a fortune.<

I think that sums up the pitiful pension prospects of many, now even worse after this.

  Stuartli 13:12 02 Sep 2009

That's insignificant in comparison to Brown's £5bn raid on pension funds every year since 1997 - it resulted in one of the world's finest pension schemes being dramatically eroded for millions of people, as well as devaluing their investment for their retirement.

  Grey Goo 13:14 02 Sep 2009

Your turn will come and I fancy you won't be so cocky then.

  Quickbeam 13:23 02 Sep 2009

But 250 isn't that old for GANDALF <|:-)>... Whereas I doubt I'll make much over 80;)

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