State pension age hits 66 and set to rise further
The age at which most people start to receive the state pension has now officially hit 66 after steady rises in the qualifying age in recent years
https://www.bbc.com/news/business-54421662
Saw this discussed on the BBC earlier, along with the nonsense perpetuation "...people will have to work longer..." spouted by one of the presenters
(putting aside the issue for Boomer women who've suffered the very sudden and unfair changes to their qualifying retirement age!)
Figures from UK Gov:
In 1950 30% of 15 year old, 14% of 16 year old and 7% of 17 year old were in full-time education in England and Wales.
In 2010 88% of 16 year old, 76% of 17 year old were in full-time education in England and Wales.
ergo;
in 1950, 70% of 15yr old, 86% of 16yr old and 93% of 17yr old were potentially working
in 2010, 0% of 15yr old, 12% of 16yr old and 24% of 17yr old were potentially working
So today's youngster's don't have to work more years, instead their Working Life begins at a later age
"...retire later in life..." - True
"...have to work longer..." - False
sorry, just one of my bete noire's