Friday, June 25, 2010

Anger in Britain over "work until you drop" retirement plan...

The Government has sparked anger from unions and pensioner groups after unveiling controversial plans to extend the pension age, with the possibility of people having to work until they are 70 before receiving the benefit.

Ministers were accused of making people “work until they drop” as well as attacking the poorest members of society.

Work and Pensions Secretary Iain Duncan Smith said: “We need to recognise that to meet the challenge of providing an affordable, stable pensions system in a society with increasing life expectancy, people need to work longer.” More...

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