Pension age needs to rise to 73, actuaries warnSally Patten
Australian Treasurer Joe Hockey has announced that the qualifying age for the pension will increase to 70 by the year 2035, as he pared a range of entitlements for older Australians in his federal Budget speech yesterday in an attempt to make pensions "affordable and sustainable for decades to ...
FURY AT EARLIER PENSION AGE RISEFURY AT EARLIER PENSION AGE RISEThe article reports that the charity Age UK has warned that the British government's plan to increase the state pension age will affect many people, with millions una...
The government has hinted further rises may be on the way to take the state pension age over 70 years old. “At the lower end, a three-month rise in the state pension age could cost someone over £2,000 in retirement income. Those who must wait a full year longer could miss out o...
Change to Hammer Tradies ; Pension Rise to Age 70 Will Hurt Those in Manual WorkGately, Michelle
Bayrou also vowed to reopen talks on reforming pensions, which he describes as "vital" for France. Dismissing the idea of suspending or repealing the disputed 2023 law, which set the retirement age to rise to 63 by the end of 2026 and 64 by 2030, Bayrou said he would present a new ver...
That could have a long-term impact on the value of your investments, and your retirement age and lifestyle. You might need to work longer to top up your pension pot. It’s worth thinking carefully before you make any decisions. If you need to access the money in your pension pot,...
can make additional pension contributions.pension provision(=when you pay money regularly so that you will have a pension later)They can't afford to make adequate pension provision for themselves.pension age(=the age when you can get a pension)Most men stayed in their jobs until pension age....
Moreover, as the population continues to age, the first two pillars of the pension system are coming under considerable pressure and may be unable to support the population in a couple of decades’ time. The state-sponsored pension is partly funded by individual income tax, but this source wi...
pensions are given to the family as compensation for the labor and other socially useful activity of the deceased. The question of old-age and disability support for working people was always part of the program of the Communist Party. V. I. Lenin wrote that workers have the right to state...