sexta-feira, 25 de junho de 2010

Reinvigorating retirement

As part of a major shake-up of the welfare system announced this week, the Government is to speed up plans to raise the state pension age to 66.

The increase for men may happen as early as 2016, with women reaching a state pension age of 66 a few years later.

At the moment the plan is to raise it for men and women over two years ending in 2026.

But the new Government says with life expectancy growing, the change is more urgent than that.

Ministers have also made it clear that by April next year employers will no longer be able to dismiss people just because they have reached the age of 65.

The Pensions Minister, Steve Webb, and Bob Campion editor of Pension Insight Magazine join the programme.