100 years of state pensions

August 1908, one hundred years ago, the Liberals’ landmark Old Age Pension Act received its Royal Assent and became law. A little bit of Liberal Democrat heritage to be particularly proud about.

I find it hard to imagine our country before the civilising affect of a state pension ensuring all older citizens are able to retire. The value of that pension over the last two decades has rapidly declined compared to average wages. That is sad.

The number of retired people has also shot up. But the principle is still present. A pension. I often wonder if I’ll make it to retirement age – burning the candle at one end with a busy job, the other end having a young fmaily and in the middle being a councillor trying to make things better.

Happy 100 years of pensions.

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