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Friday, July 09, 2010

EU - Work Until You're 70 To Pay Banksters


A European Commission green paper said that state pensions across Europe are no longer affordable and in danger of collapse unless ­official retirement ages are drastically hiked.

It also suggests workers will have to pay a greater ­proportion of their salaries into pension pots throughout their lives to avoid being plunged into poverty.

Last night, the warning was seen as yet another attempt by Eurocrats to exert control over Britain’s economy and meddle in citizens’ lives.

But angry critics pointed out that EU officials are ­entitled to take early retirement from the age of 55 on taxpayer-subsidised pensions worth up to 50 per cent of their final ­salaries.'

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