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State pension age
by Lolly Mon 19 Aug 2019, 1:53 pm
The Centre for Social Justice plan to raise the UK state pension age to 75
The state pension age should rise to 70 by 2028 and to 75 by 2035 to help boost the UK economy, according to a new report.
The Centre for Social Justice (CSJ) think-tank, headed by Tory former leader Iain Duncan-Smith, said evidence suggests the UK is "not responding to the needs and potential" of an ageing workforce - with hundreds of thousands of people aged 50-64 deemed "economically inactive".
Its latest publication recommends helping older people "access the benefits of work" by providing support to them and employers, such as increased access to flexible working and training opportunities.
The report added if such support is implemented, it proposes an increase in the statepension age (SPA).
The SPA is set to increase to 67 by 2028 and to 68 between 2044 and 2046, although in 2017 the Government announced plans to increase it to 68 between 2037 and 2039.
MORE HERE
The state pension age should rise to 70 by 2028 and to 75 by 2035 to help boost the UK economy, according to a new report.
The Centre for Social Justice (CSJ) think-tank, headed by Tory former leader Iain Duncan-Smith, said evidence suggests the UK is "not responding to the needs and potential" of an ageing workforce - with hundreds of thousands of people aged 50-64 deemed "economically inactive".
Its latest publication recommends helping older people "access the benefits of work" by providing support to them and employers, such as increased access to flexible working and training opportunities.
The report added if such support is implemented, it proposes an increase in the statepension age (SPA).
The SPA is set to increase to 67 by 2028 and to 68 between 2044 and 2046, although in 2017 the Government announced plans to increase it to 68 between 2037 and 2039.
MORE HERE
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