In response to pension changes reader BigD
shares what the changes will mean for their situation:I'm 31 years old. I pay into a public sector pension scheme which is about to have contributions hiked. I was told that I could retire at 65 when I signed my contract. I was told it will go up in line with the state pension age which is currently forecast to be 68. Now I'm told the state pension age will go up automatically with the increase in life expectancy. When am I going to get my pension which I will be paying 5% of wages into? When I'm 70, 75, 80, 90? What a con! And pensioners today who had a job for life, bought cheap houses which are now worth a fortune, will get the largest increase ever in the state pension this year, have experienced no cuts whatsoever and who a large proportion earn more than me! I'm paying for pensioners to live a Life of Reilly, when I get there I'll get nothing like what pensioners today get. This country is a joke! Thanks Osborne and Cameron!