Should retirement age be raised to 75?


thewilliam2 2 1.3k
20 Aug 2019 11:17AM
Do readers believe that the retirement age should be raised to 75? And this is at a time when many employers simply don't want to hire "mature" staff.


A few decades ago, I was fired from a teaching job, along with a number of others, because we'd risen too far up the salary scale and were deemed to be too expensive.

https://www.aol.co.uk/news/2019/08/20/proposal-to-increase-pension-age-branded-a-chilling-and-immoral/

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saltireblue Plus
9 9.7k 36 Norway
20 Aug 2019 11:56AM
If they ever introduce 75 as the new retirement age there would have to be a lot of exceptions.
Would you take a bus driven by a 75yo? Or a plane? What about doctors or nurses? Would you feel totally safe in their hands? What help would a 75yo policeman be when confronted by an armed robber?
The list goes on...
Tianshi_angie 4 2.5k England
20 Aug 2019 12:03PM
I took early retirement from teaching as there were more and more pressures on staff which it seemed to me was aimed at getting rid of the senior (older) members of the profession. Personally I fail to see how the vast majority of folk aged 75 could continue working full time at that age. Age is not just a number! It has quite serious effects on the body as gradually it stops to function as it did, not least in the area of energy. Many do find part time work or volunteer for charity work. Forcing every one to be 'employed' to 75 would leave these extra areas of 'employment' struggling to find those able and willing to fulfill those jobs. And for those folk who at 75 are able to 'work' in some capacity or other it is a valuable source of interest, friendship, and a channelling of their talents in new areas. Like many ideas from think tanks there is no thinking in the round - maybe solving one problem and creating many others in its place. Just imagine a 74 year old with the early signs of dementia in charge of a class of 5 year olds!!
JackAllTog Plus
10 5.6k 58 United Kingdom
20 Aug 2019 12:19PM
I think the government is happy to keep taking taxes - but it confused about how then to look after us after a lifetimes contributions - so they simply want to tax us some more as we are living longer sometimes.
I don't think they factor in any consideration for the real challenges that getting older brings.

How they square this globally is another issue, perhaps we should retire to another county to avoid another decade of work and takes.
Or perhaps those abroad will move to the UK to work from 65 to 75?

I envy those that have had the good fortune to be able to retire early and live their own life on a reasonable living income.I don't understand those that could easily retire on a good standard of living but don't.


PRC 5 211 United Kingdom
20 Aug 2019 12:27PM
If the retirement age, i.e. state pension age, was raised to 75, that would mean fewer vacancies for those starting out, wouldn't it? So youth unemployment would rise.
seahawk 12 1.3k United Kingdom
20 Aug 2019 1:09PM
I agree with Tianshi. I also took early retirement from teaching after 37 years service because the Authority made me an offer, not because I wasn't enjoying my job anymore. I would have been insane to turn down the offer and would actually have been worse off if I had kept working!

I appreciate the financial burden that an ageing population puts on the Exchequer but simply raising the age to 75 is not a solution, it simply creates new problems. The whole issue of pensions and how they are funded needs a complete rethink; perhaps compulsory pension schemes and contributions underwritten by the Treasury plus compulsory health insurance (which they have in Germany) which might take some of the strain off the NHS. Some of the sacred cows of the welfare state need to be slaughtered.
hobbo Plus
8 1.3k 2 England
20 Aug 2019 1:40PM
At almost 82 years old now....my very strong advice to anyone circa 40 is to target 55-60 to retire....why?

I only know too well from experience that once you get above that age, the years seem to accelerate at an alarming rate......you have given over half your life to work....the remainder should be yours, to do with as you please.....

It could be though that as and when the current obesity and drugs crisis takes its toll...there wonít be enough population of working age.....hence the proposed hike up to 75.

TEMPUS FUGIT.

Hobbo
JackAllTog Plus
10 5.6k 58 United Kingdom
20 Aug 2019 2:02PM

Politicians will again come to us soon promising us better lives at our own future expense - UK spends £48million on Debt - tripled in the last decade. They will offer us more spending now as the cost of longer working lives and increased future debt.
Vote today, pay for the rest of your life from tomorrow. - If we want to pay less and work less then we need to work out how to cleverly spend less doing government funded activities. We also need to ensure that in a global economy we share the tax and benefit profile fairly in all areas.
thewilliam2 2 1.3k
20 Aug 2019 3:23PM

Quote: The whole issue of pensions and how they are funded needs a complete rethink; perhaps compulsory pension schemes and contributions underwritten by the Treasury plus compulsory health insurance (which they have in Germany) which might take some of the strain off the NHS. Some of the sacred cows of the welfare state need to be slaughtered.


I thought we already had compulsory health insurance and compulsory pension contributions - National Insurance. Unfortunately the proceeds now go into the general taxation fund!
hobbo Plus
8 1.3k 2 England
20 Aug 2019 3:24PM
It doesnít seem ten minutes ago, they there was record unemployment and the cry from the students at the colleges where I studied as a mature student, were genuinely concerned about their later lives being done in enforced idleness....
Leisure for all they promised....

Promises! Promises!

It was ever thus....

Millionaire soccer players and other so called celebrities were still raking it in from their sheep-like worshipers....and the big conglomerates and those with hidden wealth still got richer and richer....

It was ever thus.....

Nowadays the biased bbc bleats itís lefty heart out whilst advertising gambling consortiums and whilst paying its bloated staff and so called entertainers vast amounts of enforced licence money in fees and salaries.

....it will continue to do so unless it is stopped....

I am being completely honest when I state that I felt safer as a child during the whole of WWII and just post-war than I do as an old fogey today.....then, the country was filled with very real hate, all too real weapons of war, hosts of prisoners of war....displaced persons...and newly demobbed fathers, brothers and cousins, all trained to kill, or suffering from very real stress, returned home to support their families...or to be supported.

We kids all had sharp penknives to make hedgerow weapons with....scouts and girl guides all carried and used, large sheath-knives, and air-guns were very popular gifts.....but....I donít recall anyone being deliberately harmed by them..... we wartime brats were like feral animals...allowed to wander and to wonder about what life was all about....
We soon learned....on leaving school at fifteen to start work....and then, as a male doing enforced National Service.....where WE were taught to kill in our turn.....but then...the punishment fitted the crime.

Many of us courted for a few years prior to marriage.....a record number of those marriages are still going strong....(our 60th this year ).....but sadly far to many of our contemporaries have died owing to massive tobacco consumption ....

Nowadays....itís a sexual free-for-all....drugs...knives.....and an almost total lack of respect for the Law.

Whichever side your on.....wake up and smell the coffee....and bring back good old...COMMON SENSE.

Oh dear.....Who started this ??? 😬🤓🤔

Hobbo
bluesandtwos 9 402 1 England
20 Aug 2019 3:32PM
Retire at the earliest age possible, life can be short!

I'm an old dud, retired at 65, and on a very modest pension. My future plan for a happy last chapter ( when I think I've reached that point) is to dig up the family sawn off from under the rose bushes and make a slightly unnoficial withdrawal from the local bank. I shall not load it so the only fear of harm is to me. Smile
There will be one of two outcomes,
a) I get away with it and can pay for good care, 24 hour medical attention and the state won't steal my life savings if I get the dreaded dementia.
b) I get caught, in prison I will get good care, 24 hour medical attention and the state won't steal ny life savings if I get the dreaded dementia.

Simple!!! Grin

Dave
bluesandtwos 9 402 1 England
20 Aug 2019 3:41PM
Maybe we need a completely new set of politicians, having read Hobbos post above, and being born not too long after the war myself, I find I agree with him wholeheartedly. Can I start a campaign for Hobbo for PM, wouldn't just a little common sense from the people in power be refreshing instead of the complete lack of morals,the open and obvious propagation of lies and the self centred hypocrasy that we have to contend with now!Sad

Dave (againSmile)
hobbo Plus
8 1.3k 2 England
20 Aug 2019 3:59PM
Thanks Dave....but....NO THANKS!

I will stick to my photography and painting...they keep my old brain working....the body is knackered.

Hobbo
capto Plus
7 5.8k 11 United Kingdom
20 Aug 2019 4:28PM
Lets have a 'Government of National Unity' with only over 75's eligible.WinkWinkWink
ivor
hobbo Plus
8 1.3k 2 England
20 Aug 2019 4:37PM
What would itís 20 year plan look like? 🤓

Hobbo

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