UK to raise the state pension to the OECD figure of 63% of average earnings.

• Petition
• Statistics

Petition Action

UK to raise the state pension to the OECD figure of 63% of average earnings.

Petition Details

The OECD reports that the UK has the lowest state pension of any OECD country.
This is a disgrace.
I ask for a full parliamentary debate on the issue.
UK workers retire on about 29% of average earnings, the average OECD figure is 63%.
All developed EU countries pay their pensioners more.

Additional Information

A political consensus was reached by EU Nations at the Laeken Summit in 2001, that each member state, would attempt to attain a Basic Pension of 40% of average earnings by 2007 and then work towards 60%.
In 2017 the UK state pension was £7,440.
France £15,811.
Germany £26,366.
Spain £26,630.
By 2050 Germany and Spain plan devoting 16% of GDP to Basic State Pensions.
The UK looks likely to be still devoting only 4% of GDP.
UK politicians should not ignore such massive pension differences.

---

You can't sign this petition because it is now closed. But you can still comment on it here at Repetition.me!

Have your say on this petition!

comments powered by Disqus