Harrington Smiles at Prospect of Pension Age Rise.
Some years ago I heard that people I knew were being transferred from JSA to Pension Credit.
They were just over 60 years old.
Some years ago I heard that these people had received the same rate of benefit as pensioners – a lot more than JSA.
Some years ago I heard that the retirement age was due to rise.
That all this credit stuff had been got rid of.
A few years later I heard that there were moves afoot to raise the pension age – apparently the country couldn’t afford to keep on paying pensions unless young people worked until they were seventy.
Young people – people who if they went to University have to spend a lifetime paying off their loan and fee debt to the state’s usurers, and who are in hock, if they are lucky, to mortgage lenders half their lives – have to drudge until this age.
Young people, who, under the magic age of 25 are expected to live on less benefit than everybody else, and get a special rate of minium pay:
|21 to 24||£6.95|
|18 to 20||£5.55|
Now they will have to wait longer to be pensioners.
And there is this (thanks to people signaling it in the comments):
‘Basically a huge tax increase’: readers on proposed pension age rise
Former pensions minister Steve Webb says the government is considering raising pension age sooner than previously planned
Tens of millions of workers under the age of 55 could be affected by changes to pension age sooner than previously planned, according to a former minister.
Steve Webb, pensions minister in the coalition government between 2010-15, says documents produced by the Department of Work and Pensions suggest the government is preparing a “more aggressive” timetable on state pension age changes.