Student debt generation to face higher pension age, says Labour

Mon, 06 Mar 2017

By Pattrick Smellie March 6 (BusinessDesk) - Opposition and government support partners have rounded on the National Party's policy to raise the retirement age to 67, saying that delaying the move for 20 years adds a further burden to the generation that had to borrow for tertiary studies. Anyone born after June 30, 1972, would face a phased increase in the age of entitlement for the universal state pension under proposals that National says it would not put into law before next year, meaning it plans to fight the Sept. 23 general electio...

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