
Flexible Working: State Pension Key
According to the Conservative Party, flexible working is the key to tackling future retirement in the UK. They claim that looking beyond 2046, when the pensions age climbs to 68, is too “ambitious” in terms of deciding the definitive age for state retirement. Nigel Waterson, shadow pensions minister for the Conservatives said “Rather than focus on a specific age we need to look more flexibly, for example people with a physical job can be retrained or people can work part-time”.
Meanwhile, Jenny Willott, work and pension spokeswoman for the Liberal Democrats, said “Any changes to the state retirement age must be based on evidence that life expectancy has increased and should not be a way to cut the basic state pension which is inadequate as it is”.
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