BigTom
Well-Known Member
I agree. The increase in retirement age would be considerable though. Just amending the age alone would be politically difficult, not sure what the figure would need to be but it would easily be 70+. Anyone fancy telling the country they need to work till they're, say 75? Anyone fancy working till they're 75? Would you vote for a party that did that?
If there's been no acturial review of teachers' pensions, how can you state those numbers? I think people are more or less accepting 68, I reckon 70 would be ok. I have no idea what would need to happen to balance it within itself. If the numbers are not acceptable then the balance needs to come from elsewhere, and that means talking about a huge redistribution of income levels imo.