Unite is warning that the UK is facing a pensions and retirement “time bomb” amid fears of the impact on workers of increasing the State Pension age over the coming years. The trade union said its research showed that many people would not be able to continue working in key roles if the UK Government pushes forward with plans to accelerate the State Pension age to 68 earlier than scheduled.
A survey of more than 10,000 Unite members in construction, health, passenger transport and road haulage/warehouse produced “overwhelming evidence” that workers do not believe they can continue in their present jobs to the next State Pension age of 67 - let alone any later, said the union.
State Pension age will gradually rise to 67 between 2026 and 2028, however, almost nine in 10 respondents to Unite’s survey who work in the health service said they do not believe they can mentally continue to undertake their current roles beyond the age of 66.