Regarding the proposal to lift the pension entitlement age to 70 years, I understand that this is planned to come into effect in 2035.
I am of the era when young people left school and started work at 14 years of age. With a retirement age of 65 years, that’s 51 years in the workforce.
With the current school starting age, my granddaughter will leave high school at 18½ years of age.
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READ NOWWith a retirement age of 70 years, that’s 51½ years in the workforce.
Very little difference, especially when you take into consideration the improved health and longevity of people today.