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FACT OF THE WEEK
 

4 in 10 workers globally do not favor an increase in retirement age for social security

 

 
Regarding the possibility of raising the retirement age [for full entitlements] to offset the costs of people living longer, “39% of respondents say that the retirement age should remain unchanged, almost double the proportion who think it should increase in line with life expectancy (20%),” while 18% say that the retirement age should increase except for those in dangerous jobs or for manual workers, according to the 2016 Aegon Retirement Readiness Survey conducted in 15 countries*. (p. 13 and chart 7)
 
*The findings in this report are based on the responses of 14,400 employees and 1,600 retired people in 15 countries: Australia, Brazil, Canada, China, France, Germany, Hungary, India, Japan, the Netherlands, Poland, Spain, Turkey, the United Kingdom and the United States.
       
 
        Aegon. (2016). A retirement wake-up call: The Aegon retirement readiness survey 2016. The Hague, Netherlands: Aegon Center for Longevity and Retirement. Retrieved from  this source.
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