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April 12th, 2012 
FAKE NEWS for the Zionist agenda The US-based organization also warned that the national debt would spiral out of control if the average lifespan in Britain increased by only three years more than estimated.
It also said that the “financial implications of people living longer than expected are very large,” and could ruin public finances as the cost of pensions and healthcare rises.
In a report into “longevity risk”, the IMF has urged the governments to tack action right now to handle the problem. It suggested a further raise in retirement ages, higher contributions into pension pots from both employers and workers, and lesser payouts to old people.
For Britain, IMF stressed that the government needed to link the retirement age to life expectancy. “An essential reform is to allow retirement ages to increase along with expected longevity,” the report said.
“This could be mandated by the government, but individuals could also be incentivised to delay retirement.”
The suggestions will force millions of British people to work even into their seventies and eighties.
The state pension age, which was largely opposed by the public and trade unions, is already being raised to 67 for men and women by 2028, and to 68 by 2046.
It is predicted that the proposals would bring another blow to the coalition government’s unpopular spending cuts, as thousands of British workers have already attended several strikes in opposition to the government’s pension reforms.
SAB/GHN/HE
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