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Raising state pension age - are we ready?
 — a discussion paper by Alison O'Connell
Author(s)Alison O'Connell
Corporate AuthorPensions Policy Institute - PPI
PublisherPensions Policy Institute - PPI, London, 2002
Pages54 pp
SourcePensions Policy Institute, King's College, Waterloo Bridge Wing, Franklin Wilkins Building, Waterloo Road, London SE1 9NN. tel: 020 7848 3751
KeywordsRetirement age ; Pensions ; Social policy.
AnnotationMany calls to raise what is usually referred to as "retirement age" have been made recently. Much analysis has focused on the falling labour force participation rate for the over 50s, and the need to save longer to build up adequate personal pension provision. This study looks specifically at the age at which state pension becomes payable, and asks whether there is any justification for raising it. The process for such a policy change is also considered, as is the assumption that the basic state pension (BSP) has a continuing role. The study also notes that State Pension Age (SPA) is not "retirement age", and that since 1989, receiving state pension has not been dependent on giving up work. (RH).
Accession NumberCPA-021210208 B
ClassmarkG5A: JJ: TM2

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