Monday, 6 July 2009

Canada begins to think about upping retirement age to 70


An influential Canadian think tank, having examined all alternatives, is suggesting upping the state pension age to 70 asap. With Lord Turner suggesting that his earlier report on pensions in 2005 was far too optimistic a momentum is growing to tackle the issue that people cannot be expected to be supported by the State for 20 - 30 years at the end of their lives.

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