50 signatures reached
To: Department of Work and Pensions
Reduce the State Pension Retirement Age
Please reduce the State Retirement Age back to 65
Why is this important?
In July 2017, it was announced that the the state pension age in the UK will rise from 67 to 68 between 2037 and 2039, seven years earlier than previously planned.
UK State Pension's are ranked the worst in the developed world. This is down to the earnings related element of a State Pension being removed, with the introduction of a new flat rate state pension.
We are letting down the worker's of today, and the pensioners of now, if they cannot be provided with a decent retirement income at a fair realistic retirement age.
The Organisation for Economic Co-operation and Development (OECD) report that over 18.5% of people over age 75 have incomes below the poverty line. This is down to the state pension.
Whilst it is a fact that the UK population is now living longer, I do believe that the income tax, and national insurance contributions, paid by an individual up to age 65 should be sufficient for them to retire at that age and live a peaceful retirement without worrying about basic living costs.
It is down to the Government to stop wasting money on:
* Trident Nuclear Missile System
* High Speed Rail Link
* Refusal to Recycle better
* Benefit Fraud and Errors
* Bad Gold Sale
* Computer Blunders
* Perk Credit Cards
* Areas where cuts could be made but alas the Government won't cut back
This is by no means an exhaustive list but gives an indication of the money being wasted that could be used to top up the UK State Pension Pot.
Please I ask you the Government to consider this petition, and respond in due course.
Thank you for reading.