Open Europe press summary for today includes an item reporting that the EU Commission draft ‘green book’ on pensions is suggesting that EU workers should work longer hours and retire later, or risk a “painful combination of smaller payouts and higher contributions”. The green book is just a source of advice for member states, designed to provoke debate, which sometimes leads to legislative proposals.
It has also been 'mooted' by our
governments admin centre for Brussels that this would need to happen, the reason being 'to help reduce the deficit'. Actually, I think it is a 'cunning plan' by the politicos and b'crats to save state pension payments.
And there was I thinking the phrase 'work them into the ground' was a supposedly capitalist ethic!