Several specialists face 'postcode divide'
A large number of specialists face a 'postcode partition' in state annuity payouts since their future won't keep pace with a climbing retirement age, a study uncovers today.
What's more, it means specialists in poorer territories where future is most brief will pass up a great opportunity for up to almost £70,000 in benefits payouts that more extended living retired people in additional rich zones will get a charge out of in their retirement.
The TUC study discovered that a lady her late 40s from East Dorset, which has the longest post-65 future, can hope to gain £67,000 increasingly in state benefits, contrasted and a lady of the same age living in Corby in Northamptonshire, where future is most brief.
Analysts appraise that by 2028 a lady living in east Dorset will live nine years more drawn out than a lady in Corby.
For men living in East Dorset and Manchester, which has the most brief male post-65 future, the benefits gap will be £53,000.
The state annuity age is because of ascent to 66 between 2018 and 2020 and to 67 between 2026 and 2028 and the TUC cautions the legislature's disappointment to consider the favoritisms in future will leave millions more awful off in retirement as accomplice.
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