Today @thefabians and Phoenix Insights launch WHEN I’M 64 - a strategy to tackle poverty before state pension age By my fab colleague @sasjkia 🧵 fabians.org.uk/publication/wh…
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So what’s the problem? In 21/22 poverty was higher for 60-65s than any other adult cohort 1.2 million in poverty, 1/4 of the age group And a huge rise since the pension age started to rise in 2010
This is a crisis caused by public policy. Our state pension system assumes we’ll mainly work to 66 but HALF of 60-65s don’t work