Property News · February 28, 2017

Raising pension age will mean many people die before getting it, say MPs


Government should move away from ‘triple lock’ guarantee, says work and pensions select committeeFurther increases in the state pension age could push it to the point where many working people die before qualifying for it, MPs have warned, in a report that calls for the end of the “triple lock” guarantee on pensions.The Commons work and pensions select committee report on intergenerational fairness, published on Tuesday, claims that financing the triple lock in future will not be possible without increasing the state pension age to 70.5 years – leaving men in Manchester, Birmingham, Bradford and Blackpool dying on average before they receive their state pension. Continue reading…

Source : theguardian.com
Read more…Raising pension age will mean many people die before getting it, say MPs