UK will have to raise retirement age after election, minister says

[PeanutButter]

https://www.theguardian.com/politics/2023/may/11/uk-will-have-to-raise-retirement-age-after-election-minister-says

 

So, that’ll be Labour then?

[Si1]

I pAiD mY StaMP

[Trampa501]

Labour could make huge electoral gains by promising to raise the UK state pension to the EU average. 

Of course they'd have to pay for it by doubling national insurance and raising the retirement age...make the youngsters pay for it. Boomers would love it.

[Si1]

2 minutes ago, Trampa501 said:

Labour could make huge electoral gains by promising to raise the UK state pension to the EU average. 

Of course they'd have to pay for it by doubling national insurance and raising the retirement age...make the youngsters pay for it. Boomers would love it.

It's already similar level to the average base level for European pensions. Idea that it's lower than equivalent in Europe is a myth.

[RentingForever]

3 hours ago, PeanutButter said:

https://www.theguardian.com/politics/2023/may/11/uk-will-have-to-raise-retirement-age-after-election-minister-says

 

So, that’ll be Labour then?

That seems to be their modus operandi now - throw everything difficult that they promised to after the election for Labour to deal with. See also social care reform, leasehold reform...

[Brendan110_0]

Minister will find riots in that case, one year more for me (already 68 which is too high) will result in thuggery towards the political party that implements it.

[captainb]

1 hour ago, Trampa501 said:

Labour could make huge electoral gains by promising to raise the UK state pension to the EU average. 

Of course they'd have to pay for it by doubling national insurance and raising the retirement age...make the youngsters pay for it. Boomers would love it.

It already is. For a fair comparison you need to add on occupational pensions which in most European countries are merely paid to the state first.

I.e. UK teacher gets a teachers pension and a state pension. In France it's just a state pension at a teachers level.

[henry the king]

3 minutes ago, RentingForever said:

That seems to be their modus operandi now - throw everything difficult that they promised to after the election for Labour to deal with. See also social care reform, leasehold reform...

It isn't that clever.

They are just a government stifled by vested interests and lobbying. They literally just cannot get anything done. So I don't think they are putting things off as some sort of master plan, I just think they cannot do any better.

Good article in the Spectator about how there are many popular policies that they also cannot do because they just fall to vested interests and lobbying.

The government has reached the end of the road, its not a master plan. It is just a natural conclusion. Will the next government be better? Maybe marginally but I worry lobbying will dominate them too.