Government to conduct review into state pension age

[lookingforwardtoautumn2]

https://news.sky.com/story/government-to-conduct-early-review-into-state-pension-age-13399571

Some news sites are saying the rise to 68 may be brought forward.

It doesn’t really make sense when they’re also saying pensioners will be poorer in the future compared to those today. Why is the answer to raise the age further?..

The SPA is 68 for me at the moment but I wouldn’t be surprised if it rises into the 70s, especially if they keep the triple lock.

I agree with you @LauderSyme even though I am technically a boomer (only just).

My mother also worked only a few years she's been drawing a pension for 25 years now.

given the outcry about the withdrawal of Winter Fuel Allowance - they do appear to be a massively entitled generation.

Totally agree and I was amazed they did a reverse ferret.

If there is an outcry from people regarding any increase to state pension age will they also back down? Doubt it!

It's another nail in the coffin for Labour and will surely usher Reform in. People will blame the spiralling immigration support costs for the fact there's no money for other stuff. I am starting to hear more people in the UK saying Trump has the right idea. They are hoping Farage will set up snatch squads and deport all the immigrants. I am worried there will be (more) riots against the immigrants.

Yep All the parents who cheer this on then cant expect free childcare.

Or doing manual work while you were sat at your desk.

Relying on the state pension for retirement if you are working now is mad. You need to be providing for your own pension.

As for disability benefits, they may survive this Labour government but my assumption is that they won’t a more right wing one; the projected figures are terrible for increasing numbers of claimants. No government can afford the projected increase without serious tax increases. There’s not a single mainstream party that is arguing for that, left or right. Badenoch would have cut them harder!

Not the way things are going. This country is massively deteriorating and fraying around the edges. I'm not taking anything for granted.

I don’t think the aim is make pensioners less poor. I think it’s to stop the state collapsing entirely. The current system is unaffordable, yet everyone is up in arms at any suggestion of cuts to the ballooning welfare state.

IMO they should be massively reducing the number of people who are eligible to claim disability benefits, but lots of people (i.e. those who benefit from the current system) don’t agree.

As I understand it, there has to be 10 years notice for changing the SPA so anyone under 56 or so should be worried about this.

yeah both Governments only cared about the disabled and elderly when they could use them to argue for lockdowns

given the outcry about the withdrawal of Winter Fuel Allowance - they do appear to be a massively entitled generation.

I'm a boomer and and was absolutely bloody astonished and disappointed when they did a U-turn on the Winter Fuel Allowance. I genuinely think many older people don't need it and many struggling young families could use it.

The annoying thing for me was the false outrage in the press. For years there was moaning about how older people were well off and in receipt of the allowance then, the moment the allowance was cancelled the press flew into a frenzy about poor, old pensioners huddling around a candle.

The U turn was, to my mind, caused by the media rather than older, comfortable people who thought it was fair that it should be for those in need - regardless of their age.

I don’t work at the desk and have a very active job which I doubt I’ll be able to do much past 60, but you have a valid point.

However, I’d imagine a large proportion of the people in manual jobs would be expect to get a new less manual jobrather than move on to disability benefits.

Would they be the jobs being taken over by AI. Will The Hunger Games be seen as a manual

My assumption is that in order to receive any payment from the Government that very soon you will need to have a designated bank account which they can look at with AI. That will allow them to check your income, spending and it will be an easy way to check fraud. This government is totally broke and cannot afford hordes of civil servants to administer the welfare state. It’s going to be AI as soon as they get it in. It will also be tied to the tax system so you can means test state pension etc far more cheaply.

Any government is very careful about benefits and pensions. It never says there are any guarantees. I would act accordingly

Anti labour bias for sure.

Ive noticed this with so much stuff. For instance the leak of the information regarding the Afghans who helped the British army and then had to be brought here for safety. Lots of talk about government failings, government super injunctions, etc. you’d read it and think it was the current government. Surely they should be saying “previous government “ as that’s when it happened

Another nonsensical move by labour (and I voted for them...) because:

• many jobs especially those that require physical work can't done as the person ages
• there is rampant ageism in the workplace that starts to affect people when get to their 40s/50s so working in your 60s and early 70s is just a pipe dream
• more older workers having to stay in the workplace means less job opportunities for younger people
• all that increasing the pension age would do is move more people on to sickness, disability and unemployment benefits
• to those who are saying that people need to pay more into private pensions: many people simply can't afford that because of the cost of living and housing in this country
• AI will continue to reduce the number of jobs available.

Also I am getting seriously tired with the concept that this government just expect people to pay endless taxes and national insurance but not to be able to access a GP, get a hospital appointment, a decent transport system or a state pension in return. Basically why the hell should I pay my share for a country that is basically falling apart due to mismanagement at the top?

Once the social contract is broken then people will eventually stop collaborating...

Frankly Reeves is totally out of her depth and a complete danger to the economy and needs to be replaced by a competent individual.

All Labour will achieve with this is long term if to usher in a populist government with bulllshiters like Farage who will just finish off the UK permanently...

I remember years ago some Tory minister was pressed on this matter on Question Time. Where are the jobs for the 60yo ex manual workers, or nurses or bankers who have been made redundant. B&Q was the only answer he had. Apparently we can all go and work there 😁

Part of the solution to the issue lies at the other end of the age range. Go back to people being able to leave school and go into work at 16, have more career options then. Not staying on in school and in many cases hating it, or doing a university degree of little value.

As for the pension age, I would look at some of the age related benefits starting later, not the actual basic state pension. Bus pass, free prescriptions, for example. And have NI at a reduced rate for pensioners earning over a certain level.

Surely this would cause many people to just take more sick leave in their later years at work, especially if their jobs are physical. I know I couldn't carry on in mine past 60, and plan to use my work pension to bridge the gap.
We need to means test PIP and attendance allowance.
Like another poster said, I won't be spending my wage boosting the economy, I'm going to save as much as I can to enable me to retire early.

Another issue is if the pension age rises and people work longer then more jobs need to be created. Or unemployment with younger people may rise. Though maybe that's cheaper for the govt? We can just have a generation of unemployed people in their 20s. And AI won;t help things.

You will get it. Any change as extreme as some people not getting state pension would have a lead in time of decades. To say you dont expect to get it is just scaremongering and really not very helpful.

I disagree. It'll be means tested.

It's not going to be suddenly removed. To think that would be the case is just daft. Anyone in their 50s no will at most have a rise to 68. If they ever did away with state pension for all but the very poorest it would have decades of lead in time.

I'm not going to rely on getting any state support. I think the future will be private pensions.

It's pretty outrageous tbh

The SPA is 68 for me at the moment but I wouldn’t be surprised if it rises into the 70s, especially if they keep the triple lock.

You will see your age rise & there won't be a the triple lock.