Andrew Harrop, Head of public policy at Age Concern and Help the Aged, stated that the average age of retirement should rise in step with life expectancy, at the 'Tackling Worklessness in an Ageing Society' Fabian Fringe event.
"We've had rapid growth, but we need to continue growing the over fifty work force at that rapid rate," explained Harrop. "We need to have, over time, the average age of people retiring rising with life expectancy each year."
Angela Eagle MP Minister for Pensions and an Ageing Society said that increasing life expectancies created by industrialised nations should be celebrated, instead of being viewed as a "demographic time bomb":
"When the Beveridge report created pensions, a man could expect to claim his entitlement to a pension for a year before shuffling off the mortal coil, now it's 20 and for women it's greater. We're expecting life expectancy to be going up even more, so this fact should be celebrated, and gets us away from regarding this as a demographic time bomb. We need to change our language on this, so we get away from it being a problem."