Russia retirement age is ...65 French please note.

[JIMMY12345]

What are your thoughts on what should be the retirement age.
Are strikes in favour of raising the retirement age thwarting democracy.
**************************************************************
I think the French pension strikers are crazy.They have 2 arguments.

The first is that the system can hold.The second reduce pensions for the better off.
Investments can go up and down.The system could hold.Macron is correct however.What if it does not?.The current young generation struggles to pay food bills,can not afford a house why should they be expected to pay for pensions.This for a older generation.
The French on strike are in the public sector.The private sector pays for their gold plated pensions.The private sector takes the risk especially small business and enjoys no pension benefits.

In the UK you cannot get a GP appointment ( within a reasonable time).Reason the pension for well off GP'S mitigates against late retirement.One could give generous pension and pay rises to nurses and doctors.However the state would have to hire less and the pension contributions would be less.

Putin is a dictator and the invasion of Ukraine is pure evil.However Russia has a better handle on the reality of economics than the French.Your agreement and disagreements with reasons please and do not make them short and sweet.

 

[ChristineM]

Whether public private or a mix of both, pensioners have paid for their pensions all their working lives. Youngsters will pay for their pensions all their working life.

The UK cannot get a GP appointment because the government will not finance GPs (or any health services) properly. The government has bern cutting back on financing for years.

Why should GPs retire late? They spent their working life hoping to retire before they die of old age, the government keeps moving the retirement age goalpost further away. Take it while they can i say.

Remember the Brexit bus. 350 million per week promised to the NHS. And when Brexit was a thing bojo refused the promised extre funding to the NHS saying it was only a joke.

 

[Estro Felino]

Socialism values the human person.
And by the way. If senior people retire early, they leave more employment to the younger generations. And that is a plus.
That's how glorious the Socialist State is.

 

[Altfish]

Socialism values the human person.
And by the way. If senior people retire early, they leave more employment to the younger generations. And that is a plus.
That's how glorious the Socialist State is.

Except, post-Brexit we have a people shortage and jobs are not being filled. Under capitalism, this should mean that wages rise BUT our far right government is suppressing wages and we have strikes everyday.

In UK retirement age is 66 (Or that is the current age you can claim the state pension) by the time my daughter comes to retire (she's 39 now) I suspect it will be at least 70

 

[Estro Felino]

Except, post-Brexit we have a people shortage and jobs are not being filled. Under capitalism, this should mean that wages rise BUT our far right government is suppressing wages and we have strikes everyday.

In UK retirement age is 66 (Or that is the current age you can claim the state pension) by the time my daughter comes to retire (she's 39 now) I suspect it will be at least 70

I think the European State (the State of the average European country) is suicidal and self-destructive. Instead of valuing small enterprises and public employment (which means more tax revenues, and more contributes for the pension system), they give away billions to the greedy banksters.
Greedy banksters who deposit their billions in the Caribbean Tax Havens.

 

[Altfish]

I think the European State (the State of the average European country) is suicidal and self-destructive. Instead of valuing small enterprises and public employment (which means more tax revenues, and more contributes for the pension system), they give away billions to the greedy banksters.
Greedy banksters who deposit their billions in the Caribbean Tax Havens.

We're outside the EU and still give money to bankers, tory donors, tax dodgers, and other cronies.
The EU has nothing to do with it

 

[Twilight Hue]

What are your thoughts on what should be the retirement age.
Are strikes in favour of raising the retirement age thwarting democracy.
**************************************************************
I think the French pension strikers are crazy.They have 2 arguments.

The first is that the system can hold.The second reduce pensions for the better off.
Investments can go up and down.The system could hold.Macron is correct however.What if it does not?.The current young generation struggles to pay food bills,can not afford a house why should they be expected to pay for pensions.This for a older generation.
The French on strike are in the public sector.The private sector pays for their gold plated pensions.The private sector takes the risk especially small business and enjoys no pension benefits.

In the UK you cannot get a GP appointment ( within a reasonable time).Reason the pension for well off GP'S mitigates against late retirement.One could give generous pension and pay rises to nurses and doctors.However the state would have to hire less and the pension contributions would be less.

Putin is a dictator and the invasion of Ukraine is pure evil.However Russia has a better handle on the reality of economics than the French.Your agreement and disagreements with reasons please and do not make them short and sweet.

Of course in the US they pushed it up to 67 and 70 from 65 years of age.

Ripping off those who now have to wait longer and longer to qualify.

 

[Estro Felino]

We're outside the EU and still give money to bankers, tory donors, tax dodgers, and other cronies.
The EU has nothing to do with it

That's for sure.

 

[Revoltingest]

Socialism values the human person.
And by the way. If senior people retire early, they leave more employment to the younger generations. And that is a plus.
That's how glorious the Socialist State is.

Why not retire at 50?
Employment opportunities would soar!

 

[Estro Felino]

Why not retire at 50?
Employment opportunities would soar!

Also.
Who said life is meant to slave away, so the banking and financial élites can benefit from the people's work?

 

[Revoltingest]

Also.
Who said life is meant to slave away, so the banking and financial élites can benefit from the people's work?

Are you one of those who believe that
all workers are slaves?
Ya know....someone's gotta grow the crops,
make the food, manufacture the tools, build
the homes, etc that we consume / use.
If no one hires (ie, exploits) the workers, how
will you get what you need, eh. So people
are going to have to work a certain amount
in order to get a certain amount of benefits.
Retire early?
You'll have less.

 

[Estro Felino]

Are you one of those who believe that
all workers are slaves?
Ya know....someone's gotta grow the crops,
make the food, manufacture the tools, build
the homes, etc that we consume / use.
If no one hires (ie, exploits) the workers, how
will you get what you need, eh. So people
are going to have to work a certain amount
in order to get a certain amount of benefits.
Retire early?
You'll have less.

I can speak for my country. We overproduce.
It's not a matter of GDP. It's a matter of social justice and of the right to a dignifying life.
Also because the young workers will replace the old ones.

 

[Revoltingest]

I can speak for my country. We overproduce.
It's not a matter of GDP. It's a matter of social justice and of the right to a dignifying life.
Also because the young workers will replace the old ones.

Just be aware of all the consequences.

 

[Estro Felino]

Just be aware of all the consequences.

I know them.
For instance there was that policy of anticipated retirements in the public administration, until the end of the eighties.
Then the Berlin wall fell, the voracious liberals took over and erased all the Social State, and then they made the treaty of Maastricht,...

 

[lewisnotmiller]

Of course in the US they pushed it up to 67 and 70 from 65 years of age.

Ripping off those who now have to wait longer and longer to qualify.

The US system is under stress, but the nature of that stress, and the system itself, varies quite a bit from (for example) the Australian system, and I believe also from European systems.

At the time US social security was put in place, with a retirement age of 65, the average life expectancy was...wait for it...64.

And with people paying into a central pot (rather than into their own fund, as they do in Australia) that meant the system could count on large numbers if payees passing on before collecting any money. They subsidized the people who lived longer.

These factors meant payments into the system outstripped payments out, and allowed a surplus to be built. That is no longer the case, and the current system has about ten years left (just over) before it's unable to service required payments.

Fairness is one lens, and we've had the age raised here in Australia from 65 to 67 (which relates to accessing the funds we pay in ourselves over our working life without heavy taxation, in simple terms). So I get it.

But something needs to change, or people paying into the system now will be left with nothing to draw on later. Which seems even grosser.

 

[ChristineM]

Why not retire at 50?
Employment opportunities would soar!

I did

 

[Twilight Hue]

The US system is under stress, but the nature of that stress, and the system itself, varies quite a bit from (for example) the Australian system, and I believe also from European systems.

At the time US social security was put in place, with a retirement age of 65, the average life expectancy was...wait for it...64.

And with people paying into a central pot (rather than into their own fund, as they do in Australia) that meant the system could count on large numbers if payees passing on before collecting any money. They subsidized the people who lived longer.

These factors meant payments into the system outstripped payments out, and allowed a surplus to be built. That is no longer the case, and the current system has about ten years left (just over) before it's unable to service required payments.

Fairness is one lens, and we've had the age raised here in Australia from 65 to 67 (which relates to accessing the funds we pay in ourselves over our working life without heavy taxation, in simple terms). So I get it.

But something needs to change, or people paying into the system now will be left with nothing to draw on later. Which seems even grosser.

It's sad because we pay into it all our working lives.

Politictions then steal it.

 

[Revoltingest]

I did

I started on it at about 50.

 

[JIMMY12345]

I did

Bonne Retraite! Parfait bien!

Personally I think we should all retire at 18 but they will not let us.

The French could end the strike tomorrow so easily.Let people retire at 60,61,62....100

The State pension should be adjusted so those fortunate to have paid for their house and car can retire early and have a lower annual state pension.The same principal already exists for private pensions.As pointed out this will free jobs and the retired can still volunteer eg 18 plus who leave care in UK would love advice on housing budgets finance.Child Commissioner Baroness D'Sousa would welcome help in this area as no funds exist to help in this vital area.