A RIPE OLD AGE

摘要

As the default retirement age is removed and the value of pension annuities crashes in line with stock market turbulence, the likelihood is that many more people will have to review their working status and consider an extra couple of years' work simply to finance their retirement. Longer life expectancy, coupled with the demographic bulge, means that the number of pensioners is going to balloon in the next few years, creating undue pressure on the wider working community to contribute to the state pension pot.