O/T Party Political Broadcasts

[Brin]

Not heard Reform say much about how they would deal with the increasing problem of declining birth rates in the richer Northern countries and how whereas you used to have for example 10 working people supporting the retirement of 1 retiree, now we only have 4 leading to greater pressure on sourcing retirement support from other places, stretching us further. I've heard them say shallow stuff about wanting to force unemployed and sick people more into the workforce, but this falls down very badly when it comes to significant skills gaps in certain jobs or locations that don't even have unemployed or enough sick people living in them.

So what's the Reform plan for dealing with this over time if cutting immigration down as much as you would like to see? From my point of view, as someone due to retire in not much more than a decade, I am worried that my pension will be either cut, or services cut further to keep my pension the same, or I will be made to work longer.

Interesting read on the problem here: https://www.imf.org/en/Publications/...c-dilemma-peri

rp, I think you'll find that by the time you come to retire, the drawable pension age will have increased another 2 if not 3 years. Talking with my Daughter the other day, she and I both reckoned by the time she comes to retire in approx another 30 years, the Government paid pension will have risen to 70 years of age, blaming all of this on the fact they say we are now living longer????

[mygiddypant]

rp, I think you'll find that by the time you come to retire, the drawable pension age will have increased another 2 if not 3 years. Talking with my Daughter the other day, she and I both reckoned by the time she comes to retire in approx another 30 years, the Government paid pension will have risen to 70 years of age, blaming all of this on the fact they say we are now living longer????

If the decline in the birth rate continues, then its inevitable(ish) that the retirement age will increase, unless AI impacts on this equation in ways that have yet to be realised.

If the current structures of economic capitalism continue then the future doesn't look great.