Sentences with phrase «pension age»

For example, those aged between 37 and 45 have a state pension age of 67.

Additionally, there's no guarantee you'll ever reach pension age alive (might well be 70 by the time that it's my time).

Teachers are already paying more, the normal pension age has been raised to 65 for new entrants and employer contributions have been capped.

A British study of well - being also showed that, aside from teenagers, people of pension age — 65 and older — had the highest life satisfaction ratings.

The work and pensions secretary stressed that a gradual increase in the state pension age from 65 to 68 can be agreed now to save future taxpayers taking on huge costs.

At the same time, the change in pension ages is causing real harm to women of my mother's age, with some set to lose # 30,000 in income.

A concession card to get cheaper health care and some discounts if you've reached age pension age.

2.3 million men will see their state pension age rise by one year.

Those hit by these proposed state pension age changes are also those least able to cope with such a dramatic shift in their expectations at such short notice.

The head of the pensions commission said it would be «very difficult» for politicians to impose a rise in the state pension age on voters while retaining their own lucrative salary scheme.

Use our super and pension age calculator to find out when you will qualify for the age pension.

If you were born between 1953 and 1960, you can expect a hike in your state pension age under the new proposals.

There may be exceptions in very demanding jobs, but public sector retirement ages should match the state pension age as is the case in the private sector.

My husband was able to start taking his works pension aged 52 when he was made redundant.

Currently those aged over the state pension age do not pay national insurance contributions, even if they are working.

A lifetime allowance test is then triggered when the member reaches normal minimum pension age.

A borrower's state pension age depends on when they were born.

There's no reason to believe they'll swing heavily Conservative once they reach pension age.

This is the same for your partner if they're under age pension age.

Use our super and pension age calculator to find your preservation age.

Some 85 % of people not working and over the state pension age say greater availability of part - time or flexible jobs would help them gain a job.

It is part of the #BackTo60 campaign, working to reverse the increased state pension age for women from 66 back to 60.

Claims will not be reviewed, however, if a person reaches pension age before 6 April 2014.

Judges within 10 years of pension age at 1 April 2012 — about 75 % of the judiciary, according to the Ministry of Justice (MoJ)-- will be allowed to continue with their current arrangements.

Pensions and Welfare The parties agree to phase out the default retirement age and hold a review to set the date at which the state pension age starts to rise to 66, although it will not be sooner than 2016 for men and 2020 for women.

How to calculate your retirement benefits The Final Salary Arrangement — If yours Standard Pension Age is 60 years, your closing income benefits are a pension calculated by multiplying your -LSB-...]

The new proposals apply to those who reach state pension age between April 6th 2008 and April 5th 2015 and who already have 20 qualifying years on their National Insurance record.

The government is pushing ahead plans to raise the state pension age by a year, with reports suggesting it could soon be increased to 70 and beyond.

«While we welcome the decision to end the arbitrary retirement age, raising the state pension age over this short timescale is clearly driven by a desire to cut spending rather than a planned approach to introducing more flexible retirement,» he said.

The Institute for Fiscal Studies (IFS) found savings from higher pension ages will be offset by more generous payments to lower - income workers.

The Turner Commission proposed giving at least 15 years notice of changes, whereas the Government is giving only 7 years notice of a 2 - year pension age increase.

Less than half of those who reach pension age after April 2016 will be entitled to a full state pension, new government figures reveal.

We want to reassure pensioners claiming housing benefit that they will not be affected by this policy now, or when Universal Credit begins, even if one partner is below pension age.

As humans live longer, and as physically taxing labour — the kind that wears out knees and backs — comprises less and less of the economy in the developed world (note that millennials entering today's workforce will spend, on average, three times as many years working as their equivalent would have 100 years ago), people are growing less and less keen to call it a career as soon as they hit pension age.

«Slow and predictable changes in pension age justified by an increased number of years of healthy life at older ages, may be more politically acceptable than large, abrupt changes justified on the basis of budget stringency,» explained Austrian demographer Sergei Scherbov.

The OECD reports that since 1999, normal pension ages among its member countries increased by more than two years.

The debate centres around the fact that some 2.6 million women had their state pension age delayed — in some cases twice, and by up to six years in total — without proper notice

I'm near pension age.

And other European countries are not equalising and some are reducing pension age Poland for example, not as wealthy as us, the 6th richest country.

One of the women facing a two - year rise in her state pension age told us: «I was so mad when I found out I will have to work till I am 66.

The Tory leader had earlier insisted that all of the planned savings would come from the increase in the male pension age alone.

The letter, published in the September 2007 issue of Pensions Age magazine, sets out the ABI's key concerns on Personal Accounts and urges Mr Myners to address them as soon as possible in order to make a success of the new national pension system.

A similar neglect is evident in the UK government's plan to raise the state pension age faster than currently planned.

«The reason it is affordable is because of the agreement that the parties came to over raising the state pension age progressively from 65 to 68.

The Shadow Chancellor proposed to save money in the parliament after next by raising the state pension age more quickly.

The «Teachers working later» review was set up in October 2014 to ensure pension age - changes do not have a detrimental effect on the teaching workforce.

ARC Pensions Law is pleased to announce its shortlisting for Pension Law Firm of the Year in the 2018 Pensions Age Awards...

In 2007/08 reforms introduced by Labour, the normal pension age for civil service, NHS and teacher pension schemes rose from 60 to 65.