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Raising the pension age

Jeegar Kakkad October 06, 2009 09:51

Yesterday the Conservative Party announced that it would plan an early rise in the pension age.

Reviewing the timetable for raising the state pension age seems a sensible approach, especially given the public finances and increasing longevity.

While it might be a quick win for the Exchequer, raising the state reiterment age will won't be an easy political win.

If an earlier date for increasing this from 65 to 66 is accompanied by a clear commitment about when the basic state pension will be increased in line with average earnings rather than prices, it should be possible to maintain broad support for this change.

 

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