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replica bags bangkok More and more of our taxes are going straight to pensioners each year (Image: Getty Images)Get the biggest money stories by emailSubscribeSee our privacy noticeMore newslettersCurrently, men get their pension when they are 65, and women at 63. That pension increases every year either in line with price rises, wage rises or by 2.5% whichever gives the biggest increase to pensioners.If things keep going as they are, that means every single year more people get bigger pensions and there’s simply not a way to pay them.”It’s good news that people are living longer and more fulfilling lives, but longer life also has implications for public services and for taxpayers,” said Paul replica bags pakistan Green from Saga.The most recent figures show that in 2014/15 replica bags wholesale hong kong we spent on pensions up by more than in four years. That’s 36 times as much as we spent on unemployment benefits and the amount we spend on pensions is only going to rise.In an attempt to keep costs down, the government has announced plans to increase the age people get the state pension but not only is insufficient, it’s deeply unfair.”Any process of increasing the state pension age replica bags online shopping solely in line with average life expectancy is clearly unfair and penalises many of those who are unable to work longer due to caring responsibilities, health problems or age discrimination,” said Caroline Abrahams, Age UK’s charity director.”We’ve spoken to people who are hugely worried about the prospect of having to continue working in a physically demanding job well into their sixties, https://www.replicaonlinebag.com or who can’t work at all and are struggling on a low income because they are caring for loved ones.”The clueless generation ignorant young Brits could be destroying their futures(Image: Gavin Fogg)In an attempt to address this, the government appointed John Cridland who helped introduce the minimum wage, served on the Low Pay Commission and went on to chair the Confederation of British Industry to look at possible answers.He recently published a 100 page report looking at what can be done, and it’s not pleasant reading.Put simply, more retired people, living longer, getting a bigger pension each year and fewer people of replica bags near me working age to pay tax that supports them is a sum that doesn’t add up.One solution is more immigrants a LOT more immigrants to keep the ratio of people earning to people retired the replica bags uk same and more immigrants each year to replica bags china cover increases to the state pension.Another solution is to cut pensions. replica bags bangkok
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