31 July 2008
According to Lord Turner, the state retirement age will have to
be raised and people remain in employment until they are 70 if the
basic state pension is to survive into the next century.
Although Lord Turner initialised radical reforms which will
increase the current age of retirement from 65 to 68 by 2046, he
has now claimed that life expectancy issues mean that people will
have to work longer than he proposed.
