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Retirement age is usually tied to various benefits. In the UK it's the age at which you can collect the state pension (currently around £12K per year, if you w
by rwmj 3mo ago
Retirement age is usually tied to various benefits. In the UK it's the age at which you can collect the state pension (currently around £12K per year, if you worked for 30-35 years). Changing the retirement age therefore affects the state's finances, quite dramatically in fact: https://obr.uk/box/the-fiscal-impact-of-increases-in-the-state-pension-age/ https://obr.uk/box/the-fiscal-impact-of-increases-in-the-sta...
- swat535 2mo agoDenmark is already considering raising the retirement age to 70: https://news.ycombinator.com/item?id=44088957 https://news.ycombinator.com/item?id=44088957 This is the natural consequence of declining birth rates.. it's either that or immigration right now. Encouraging people to have more children requires drastic changes in society which is difficult to implement.