cover image: One hundred not out - A route map for long lives

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One hundred not out - A route map for long lives

4 Jan 2024

The 2021 Ageing Report from the EU states that the EU population will decline and age over the long term; it also predicts that the number of those aged 20 to 64 (referred to as the working-age population) will “decrease even more markedly – from 265 million in 2019 to 217 million in 2070”.5 6 One hundred not out: a route map for long lives % of the UK population Costs to the state are projected t. [...] ILC research shows that: • For future generations to have the same number of years in retirement as previous generations, we would need to increase the state pension age to 68 by 2041 (two to four years earlier than currently planned) • Keeping a constant ratio of people in work to people eligible for the state pension would mean raising the state pension age to 68 by 2031, 69 by 2034 and 70 by 20. [...] Some of these solutions take a different perspective on issues including the ‘right’ model for family life; the extent to which the state should intervene to encourage good choices or trust people to judge for themselves; and the need to transfer resources from old to young, or rich to poor. [...] One of the most significant steps towards embracing new working patterns across long lives was the removal of the default retirement age in 2011.64 The Department of Work and Pension’s 50PLUS: Choices taskforce (formerly Fuller Working Lives),65 and the introduction of mid-life MOTs for employees,66 have also been helpful in signalling the need for a change to working lives, and in encouraging lat. [...] According to the Campaign for Better Transport, 27% of bus services disappeared over the past decade, while the number of officially registered services in England dropped from almost 17,000 in March 2012 to just over 12,000 in March 2021.73 Despite the increase in the number of people over the age of 65, the number of concessionary bus journeys by older and disabled people has fallen by over 50%.
Pages
80
Published in
United Kingdom