Inès Zeghloul / Photo credit: JAKUB PORZYCKI / NURPHOTO / NURPHOTO VIA AFP 11:21 a.m., February 10, 2024

Across the Channel, the question of pensions has come back to the table since the publication of a study, which recommends raising the legal retirement age to 71 years. A possibility that divides the British. Some are considering turning to private pensions.

It is not only in France that reform poses a problem. In the United Kingdom too, the British want to save their pensions. Across the Channel, a study by the International Center on Longevity recommends raising the legal retirement age from 66 to 71, to compensate for the lack of assets.

With a total population of almost 67 million Britons, a steadily increasing average age of 41 and a steadily declining working population of 33 million. Consequence: it will therefore be necessary to contribute much longer so that the State can pay a pension to everyone.

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A possibility that doesn't bother John. "I'm for it. Nowadays, most people retire at 65, 66 or 67. In reality, they're still young, people live longer, they're in better shape. I think that we would be able to work until 70 or 71 without any problem,” he explains.

Private pensions

In addition to the state pension being undermined, there are also more or less generous private pensions offered by companies for working people and those who benefit from them, like Sarah, can sometimes retire earlier. The banker does not intend to deprive herself of it. “Oh my god, it would be horrible to work until age 71! I find it unfair, I don’t see why I would contribute more to pay other people’s pensions. Especially since some people don’t even try to work” , she criticizes.

The government should instead carry out real employment reform to motivate people to work, believes the fifty-year-old. A more interesting lever, according to her, to return to the status quo retired worker.