We should also consider the average age at which people start working , hence putting money into the pot !niemeyjt wrote: ↑Thu Dec 05, 2019 8:19 amI think it is too low across Western Europe - it needs to be 70 at least in line with modern life expectancy.tim17 wrote: ↑Thu Dec 05, 2019 7:29 amThe 'non-biased' BBC cited the case of a train driver who can't retire until 57 and a half who's very unhappy about possibly having to work longer, it might force him to change jobs!
Personally I think the retirement age is too low here, depending on how Brexit goes I could in theory start receiving the French part of my state pension at 60 but don't envisage stopping work until several years later.
When I was young, you could start working at 14 (my grand father started at 8 and my father at 11...) . Today, most of the workers start at 20 or even much more because more and more degrees are required. The government encourages people to stay in a school to lower the unemployment figures. You don't need to study up to 21 for building concrete blocks or be at the cash desk of a supermarket !!!