Neil Foster of Progressive Polling reports on new poll data showing public disapproval of the government’s plans to raise the state pension age.
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By Neil Foster of Progressive Polling
One of the least discussed elements of George Osborne’s controversial budget was the announcement on the state pension age. The coalition government’s proposed plans would delay state pension ages to 68 which would be the latest point of anywhere in Europe.
The government wants to link this higher retirement age to life expectancy, meaning even further delays for people receiving their pension in the future.
Subsequent analysis from pensions and investments analysts at Standard Life shows the policy of linking to life expectancy would have dramatic implications for the younger generation of workers – it would mean a 37-year-old would have to wait until 70 before receiving their state pension.
Meanwhile, a 21-year-old would have to wait until they were 75, and someone born this year would be working until they were 80 and not get their state pension until 2092.
This week, the Unite, PCS and NUT trade unions are highlighting public rejection of the government’s plans to delay retiring until 68.
The www.68istoolate.org.uk campaign points to YouGov poll findings (pdf) published today showing widescale political opposition to the measures:
As Chart 1 shows, 77% of voters do not think it’s fair Britain is increasing the state pension age longer than anywhere else in Europe. 14% believe it is fair and 9% don’t know;
There is strong opposition across supporters of all political parties: 69% of people who voted Conservative at the 2010 general election think it is unfair, as do 77% of people who voted Lib Dems and 90% of those who voted Labour.
Chart 1:
Opposition is strong among two groups of voters the Conservative Party needs to regain support from:
Women voters are a more likely to think it is unfair than men (81% versus 73%);
Meanwhile, 83% of C2DE voters are opposed. compared to 73% of ABC1 voters.
Among those directly affected by the policy:
A clear majority (62%) are uncomfortable with the government’s plan to delay the point someone can receive their state pension until 68;
The same figure (62%) believe the plans to raise the state retirement age to at least 68 will hit the poorest pensioners the most, with 24% thinking it will hit all pensioners equally, 12% not knowing and just 1% thinking it will hurt the wealthiest pensioners most, as Chart 2 shows.
Chart 2:
Voters see a number of risks with the government’s proposal to delay the state pension age until 68:
31% saw it as people having less opportunity to enjoy retirement while healthy and 29% thought it meant fewer jobs being available for younger people;
Only 16% thought older people would be less able to do physically or mentally demanding jobs and 15% thought poorer health would result from having to work for longer;
Just 2% thought it was grandparents being less able to spend time with or help out with their grandchildren.
• Osborne’s ‘granny tax’: Robbing pensioners to pay the one per cent 19 Apr 2012
• Osborne’s ‘granny tax’ will sting those on a personal pension of just £67 a week 19 Apr 2012
• Government gold-plates private pensions while cutting public ones 27 Jan 2012
• Raising the pension age will be a public health disaster 18 Dec 2011
• The coalition continues its ‘women problem’ by taking away our pensions 30 Nov 2011
There is a political danger for the government that its policy is seen as a ‘work-until-you-drop’ initiative that will not adversely affect its ministers or the more affluent. This is in direct contrast to debate in France where newly elected President Hollande is promising to reduce the state pension age from 62 to 60 years for some workers.
Regardless of what happens in France, though, there is an opportunity for campaigners to highlight the huge variation between what the UK coalition government is proposing and what is recommended in other European countries. The delaying and linking of state pension age to life expectancy risks being another government measure that will hit the next generation the hardest and the least well off the most.
It’s a policy that is set to face disapproval across the political spectrum in the short and long term.
You can download the data in full here.
34 Responses to “Poll: 68 is too late for state pension, is “unfair” and will hit the poorest hardest”
Anonymous
Yes, how DARE someone consider being able to retire among the 99%. No, the 1% need to pay ever-less tax, as the Tories are carrying through the changes to implement, and thus the 99% can’t be allowed to stop working.
Never mind we’re alone in pushing it in this way, no, it’s somehow us who are “sustainable”, when in fact it’s yet another attack on workers here.
Selohesra
🙂
Mr. Sensible
This is a difficult one. Scrapping the compulsary retirement age is a good thing, in my opinion, as is equalizing it for men and women. Also, as we’re all living longer we need to seriously think about this.
The problem is that the government is going too fast with it.
Julian
It’s so simple isn’t it? Just tax the 1% and all the problems go away. They will be sugar daddies for us all. Do you dispute the Laffer curve or do you just think we haven’t reached the optimum point yet where the tax take from the 1% is at its maximum?
One answer is to wait and see what Hollande does. If he raises the tax on the rich to 75% as he has promised, let’s see just how much extra is received in the French Treasury.
Anonymous
No, simplistic solutions are your domain, not mine.
We’re nowhere near hitting the Laughter curve’s implications with the UK tax rate. Especially when you consider that capital gains is 28%, and there are many, many tax exemptions the rich take advantage of.
Sitting around and waiting while the UK economy crashes isn’t exactly a good idea either. There’s still time to rescue the UK economy without a hard crash, but continuing with “Plan A” for a few years more…
Actually, I’m not big fan of that part of his plans, it’s far too large a jump. I am a fan of charging smaller firms a lower corporate tax rate (15%) compared to big firms (30%).
What I *actually* advocate for the UK, on tax, is closing a lot of loopholes, raising capital gains for non-productive gambling and cracking down HARD on tax evasion (An infusion of spine from the IRS would be good, in my book).
But hey, I’m only a gradualist rather than a revolutionary like you.