Saturday, May 9, 2009

Economists predict the increase of retirement age in the UK.

British economists predrekli very significant - for five years - raising the retirement age. This was written on Wednesday, 6 May, The Daily Telegraph, referring to experts of Institute of Economics and Social Studies (National Institute for Economic and Social Research).
NIESR researchers believe that the public debt of Great Britain now will inevitably grow as the government, Gordon Brown had to contend with the effects of the global financial crisis. While the debt of Great Britain is 40 per cent of GDP, or about 600 billion pounds sterling. Reported that the British Government in 2009, plans to borrow about 175 billion pounds. Accordingly, in the future, authorities will have to take unpopular measures to reduce it.
British economists believe that the future governments will be only three choices. First: to raise the retirement age by five years - up to 70 years for both men and women (now men retire at age 65, women - 60 years). Second: to raise the basic rate of income tax at 15 per cent (eight per cent increase if the retirement age). Finally, the third option: to reduce by 10 percent gosrashody, but it strikes the health and education. Predicted that the adoption of these measures, more than likely in the period from 2013 to 2023 years.

No comments: