Monday, January 20, 2020

State pension age changes risk widening social inequalities, says thinktank

Must Read

Woman who can collapse at any moment due to a rare heart condition is denied benefits

Gail Ward was told that she did not qualify for PIP payments, despite living with a potentially life-threatening heart condition.

Free period products to be made available in all schools and colleges in England

New government scheme is designed to combat stigma and tackle 'period poverty'.

5,000 sick and disabled people died awaiting benefit repayments after ‘scandalous’ DWP error

"That 5,000 disabled people were denied the proper support to live independently before they died is scandalous."

Charity issues call for disabled citizen reporters

Leonard Cheshire calls on disabled people to tell their story in 2020.

Stroke care facing a ‘ticking time-bomb’, says charity

Charity warns that the number of stroke professionals in the UK is at a worryingly low level.
16,694FansLike
9,415FollowersFollow

Government hikes in the State Pension age will exacerbate social inequalities and could lead to more people giving up work early, due to greater health and care needs and caring responsibilities, according to a new report published today.

A new report from the International Longevity Centre UK (ILC) draws attention to international research which suggests that state pension reforms risk exacerbating inequalities, rather than alleviate them.

The research reveals that those best placed to benefit from state pension age increases are more highly educated, more highly skilled, and better paid.

Photo credit: garryknight via photopin cc

Meanwhile, the policy is likely to disadvantage women and low-skilled workers and could lead to involuntary early exit from labour market.

The research warns that with the increase of state pension age and the move to contribution-based pension schemes, women with lower education in the UK are set to lose up to 25% of their monthly pension entitlements.

ILC’s report highlights how other countries have been able to introduce reforms to state pension without worsening social inequalities to the same extent as the UK.

The ILC has called on the Government to learn from these examples, by providing a reliable basic pension component to reduce the risk of social inequalities when pension ages are adjusted in line with average longevity.

Dr Brian Beach, Senior Research Fellow at the ILC, said: “Linking the pension age to average life expectancy is a route to increasing social inequality.”

“There is a need for wider approaches to encourage work in later life beyond reforms to pensions, including measures to address health and wellbeing at work, to tackle age discrimination in the workplace, and to support those juggling work and caring.”

Latest News

Charity issues call for disabled citizen reporters

Leonard Cheshire calls on disabled people to tell their story in 2020.

Woman who can collapse at any moment due to a rare heart condition is denied benefits

Gail Ward was told that she did not qualify for PIP payments, despite living with a potentially life-threatening heart condition.

Free period products to be made available in all schools and colleges in England

New government scheme is designed to combat stigma and tackle 'period poverty'.

Stroke care facing a ‘ticking time-bomb’, says charity

Charity warns that the number of stroke professionals in the UK is at a worryingly low level.

5,000 sick and disabled people died awaiting benefit repayments after ‘scandalous’ DWP error

"That 5,000 disabled people were denied the proper support to live independently before they died is scandalous."

Newsletter

Get weekly news updates delivered straight to your inbox. Subscribe today!