Work until you’re 70: Chancellor George Osborne accused of ‘living in fantasy land’ over Autumn Statement pension reforms
Oliver Wright, Andrew GricePeople in their twenties will have to work until they are 70 under sweeping changes to the basic state pension to be announced by George Osborne.
Under reforms included in the Chancellor’s Autumn Statement, anyone born after 1990 will have to work five years longer than at present to claim their state pension. A new formula will increase the state pension age to keep pace with increasing life expectancy.
The Government will say that, in principle, people should spend on average no more than one-third of their adult lives in retirement.
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"Work until you’re 70: Chancellor George Osborne accused of ‘living in fantasy land’ over Autumn Statement pension reforms ", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), mai 2013. Consulté le 11/12/2023. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/work-until-you-re-70-chancellor-george-osborne-accused-of-living-in-fantasy-land-over-autumn-statement-pension-reforms-