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UK state pension age will soon need to rise to 71, say experts (www.theguardian.com)
submitted 2 years ago by to c/europe@feddit.de
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The way I see it there are three realistic choices a country can make.

  1. Raise the pension age. Not very popular with the public as illustrated by protests everywhere this has been mentioned.

  2. Increased migration. Not very popular with the public as seen by the rise of far right parties in both Europe and outside.

  3. Lowered living standards. Not very popular because who wants to pay the same taxes but get less out of it?

This isn't a UK problem. It's the entire western world. And no, the populist idea of "just have more kids" doesn't solve it.

Any ideas?

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[โ€“] 2 points 2 years ago

In the UK, state pension age would need to be 70 or 71 compared with 66 now, to maintain the status quo of the number of workers per state pensioner.

There isn't a real problem here, it's literally just to keep an arbitrary metric stable.

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