State pension age could be higher than male life expectancy in poor areas, warn MPs
‘Maintaining the pensions “triple lock” will mean pushing the state pension age above the average life expectancy for men in poorer parts of the country, MPs have warned.
The Commons Work and Pensions Committee said that pension age would have to rise to 70.5 years-old by 2060 if the current rate of annual increases was to be sustained.
It warned that would exceed the current average male life expectancy in 162 neighbourhoods in Scotland and 26 areas in England.
The committee chairman Frank Field reiterated their call for the “triple lock” – which guarantees the state pension rises by average earnings, the consumer price index, or 2.5 per cent, whichever is the highest – to be scrapped, saying it had “done its job”.’
Read more: State pension age could be higher than male life expectancy in poor areas, warn MPs
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