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Retirement age

Comment 9th July 2010

It is clear that the age of retirement is to change due to the financial environment and the fact that people are living longer.

My point is that age is not the fairest milestone to use for allowing access to state pension. As the state pension is paid for by national insurance, then surely the quantity of national insurance a person has paid should dictate when that person is eligible to retire.

Why does this matter?

It seems to me that having an arbitary retirnement age is unfare. It would be far fairer to link retirement eligibility to the quanitity of NI paid, so those that take sabaticals, or extend their education, can make up the time at the ends of their careers, and those who start work at 16 should be seen to have "done their time" after [say] 45 years.

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