Reply To: French crisis
That’s in the other papers too. 2044 is a long way off and lots could change in between. But the rise from 66 to 67 is due to begin in 3 years’ time — when there could be a Labour government but you can safely bet they won’t do anything to stop it. Maybe they will be faced by French-style opposition and Starmer will be the British Macron.
There’s a quote in today’s Times from Professor Sir Michael Marmot “an expert on health inequality” pointing out that
“The most deprived two-thirds of the population do not have disability-free life expectancy as long as 68, so if you make the pension age older than that, you’re going to find a huge swath of the more deprived can’t work to 68 and will have less time time to enjoy this pension.”
In other words, they will die before or soon after retiring. In fact this must be happening now to some extent with the retirement age at 66 and to a greater extent when it goes up to 67. How convenient for the finances of the capitalist state. If you can’t work you are no use to capitalism, just an expendable drag on profits.