While a prevailing global trend sees governments steadily increasing the age at which citizens can officially retire and begin claiming state pensions, one European nation stands as a remarkable exception. This country boasts the lowest retirement age on the continent, allowing its citizens to potentially step away from the workforce […]
Tag: pensions
If keeping the triple lock means retiring at 74, it has to go
The contentious ‘triple lock’ policy, designed to safeguard state pensions, faces growing scrutiny as its long-term financial implications suggest an unsustainable trajectory, potentially pushing the retirement age to an unprecedented 74 years old. This politically popular guarantee, ensuring annual pension increases by the highest of inflation, average earnings, or 2.5%, […]