UK. Govt urged to tackle ‘social inequalities’ caused by state pension reforms
The government is being urged to draw on examples from other countries when it comes to implementing state pension reforms without causing further social inequalities, as it was found the current UK reforms have the potential to “exacerabate inequalities”.
In a new report from the International Longevity Centre (ILC), the think tank draws on research by Extend project that found that the state pension reforms have significant potential to exacerbate social inequalities.
The research by Extend found that those best equipped to take advantage of an increased pension age are more highly educated, highly skilled and better paid. Whereas, for disadvantaged workers, the research found that the current UK agenda to increase working lives could lead to involuntary early labour market exit, due to greater health and care needs, as well as caring responsibilities.
It has also ben highlighted by the ILC that the reforms could create new gender inequalities, as the majority of domestic work and unpaid care work is undertaken by women.
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