Hacker News new | ask | show | jobs
by treerock 2449 days ago
That's got to be offset by the increasing pension age?

Apparently accelerating the changes saved around £215bn (between 2011 and 2026).

https://www.bbc.co.uk/news/business-49917315

1 comments

In the short term maybe? A forward shift in age threshold is essentially a one-time reduction to expected future pension expenditures, whereas the triple lock and increasing post-retirement life expectancy are continuous increases.
If you think the raise of pension age is a one-time event, I think you'll be sorely disappointed.