Experts agree pension age can't go up for ever
A report from an international organisation that advises governments on economic policy says workers should expect their retirement age to go up - but warns there is a point where people are too old to work.
The Organisation for Economic Co-operation and Development (OECD) says 67 is set to become the new 65 - the default retirment age across the world.
But the UK government has concrete plans to increase the retirment age to 68 - and has introuduced a formula to make it even higher.
The Daily Telegraph reported that under the plan babies born this year will have to work to the age of 80.
The OECD report acknowledges that such a forumla is unworkable saying: "At some point increasing pension ages further must reach a limit where it is unreasonable to expect most people to be able to continue working."
There is already evidence that 67 or 68 are too late.
Official statistics from 2001 put healthy life expectancy for men in the UK at 67, while women stayed healthy to 69.
And research published last month by the Women’s Royal Voluntary Service (WRVS) revealed that 58% of people in the UK have a long standing illness or health problem by the age of 65.
That's why we are calling on the UK government to withdraw plans to increase the pension age.
Please email prime minister David Cameron to tell him '68 is too late'.
How the Daily Mail reported the OECD report: Standard pension age 'will become 67 or older': Leading think-tank warns workers to brace themselves
Posted 12 June 2012