Ian Duncan Smith following the ConDems [sorry for the typo] policy of half truths, when he said the life expectancy for men was 89 and for women 90. He was accused of fiddling the figures in an attempt to soften the idea of “Work till you Drop” The actual government figures from the National Statistics Office are 77 for a man and 82 for a woman. The chances are for people doing a heavy job retiring at 70 are that if they do survive to pension age, they won’t enjoy it for long.
France was paralysed by strikes when it was suggested that their retirement age should be increased from 60 to 62yrs.
Vince Cable said that claimants may see their payments dwindle or dry up after a fixed period to enable the £193billion to be used to give relief to other government departments.
David Cameron has been shamed into following Gordon Browns’ example of giving up his right to a PMs pension of £66,000 p.a. Read The Full article
Vic Farron RFT Express
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