John's Blog 87b- Pensions -amendment

There was an error in blog 87 so that para's 6 and 7 are misleading, they should read:- If one looks at the population distribution from age 65 and decline per 1000 from there, one finds that at age 70 it has reached 71% and by 75 it is 47% and decreases rapidly to 14% by 85; in 2001 it was 72, 47 and 12% and the curves since 1991 are a good match overlay, indicating little change in longevity. There is no justification whatever for increasing retirement age by even a year, if as proposed it is moved to age 70, then 8% some 800,000 of the present over 65 population will have no retirement at all and the rest will lose 5 years of the best years of their retirement lives.