8
Jun/090
Jun/090
State pension age to rise to 68
The state pension age is to rise to 68 from 2044, as part of government proposals to strengthen pension provision in the UK. The link between the state pension and earnings will also be restored within the next Parliament, Pensions Secretary John Hutton said.
A new savings scheme will be set up with automatic enrolment for staff and compulsory employers’ contributions. Mr Hutton said the changes would secure the future of the state pension system.
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