What's the right age to retire?
The Conservatives have announced plans to make millions of men now in their fifties work for an extra year before they receive their state pension.
Shadow chancellor George Osborne will raise the state pension age from 65 to 66 from 2016 if the Tories win the next election, to help tackle UK debts. The government has already announced plans to raise the state pension age to 66 but at a much later date (between 2024 and 2026).
Bringing the move forward would mean many more people than previously expected, particularly those aged between 49 and 59, having to work a year longer before qualifying for a state pension.
Is this a prudent move by the Tories to help repair the public finances? Or is it an attack on the poorer members of society who have to rely on the state pension?
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