Members of the Commons Work and Pensions Committee met with individuals approaching pension age in County Durham to hear about their experiences and difficulties. The discussions are part of a wider inquiry into the State Pension age and its impact on people nearing retirement.
Attendees shared concerns about financial insecurity, health issues, and employment challenges as they approach the pension age. The committee aims to gather evidence to inform potential policy decisions regarding pension age adjustments.
**Why this matters**
Understanding the real-life experiences of those close to retirement helps policymakers assess whether current pension age policies are appropriate. This inquiry could influence future changes to support systems and retirement planning for pre-pensioners.
Source: NewsData