"JERSEY'S EVENING PROPAGANDA"
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Thursday, 14 April 2011
"Something To Look Forwards To In Old Age"
ISLANDERS will have to work until they are 67 proposals if the States agree proposals out today.
Increases to the current retirement age of 65 would be staggered from 2020 to 2031, to fill a predicted hole in the Social Security Fund which pensions are paid from.
Under the proposals by Social Security Minister Ian Gorst, those aged 57 and over now would be unaffected, but the staggered rises would mean that anyone aged 47 and under would be working until they hit 67.
Those aged between 47 and 57 will retire at between 65 and 67.