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Pension age increase sees 'no saving'
http://www.x404.co.uk/forum/viewtopic.php?f=19&t=15494
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Author:  paulzolo [ Thu Jan 05, 2012 9:56 am ]
Post subject:  Pension age increase sees 'no saving'

As suspected.

Quote:
The government will make no savings by raising the public sector pension age to 67, a pensions consultant has said.

"The total cost of the more generous, but later pension, is virtually the same as the cost of the current, less generous but earlier pension," said leading consultant John Ralfe.

http://www.bbc.co.uk/news/business-16419888

Author:  HeatherKay [ Thu Jan 05, 2012 10:42 am ]
Post subject:  Re: Pension age increase sees 'no saving'

We should club together and buy Gideon a new calculator.

Author:  paulzolo [ Thu Jan 05, 2012 11:00 am ]
Post subject:  Re: Pension age increase sees 'no saving'

HeatherKay wrote:
We should club together and buy Gideon a new calculator.


His calculator is working just fine. He’s happily focussed on a cushy consultancy job.

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