Monday, 6 February 2017

Flexible retirement age: an idea whose time has come?

New article from your v rule in Inoreader
Via Network Front | The Guardian by Amelia Hill

A rising state pension age and dwindling savings mean some will never achieve prosperous retirement. Perhaps it's time to revisit an idea from the 19th century

What caused one of the worst military disasters ever faced by the Roman empire? Retirement, says Mary Beard, professor of classics at Newnham College, Cambridge. In AD14, the imperial power increased the retirement age and decreased the pensions of its legionnaires, causing mutiny in Pannonia and Germany. "Things got pretty bloody," Beard tells me. "The ringleaders were rounded up and disposed of but not before the soldiers had offered the throne to one of the imperial princes and he'd had to make a show of saying he would kill himself rather than be disloyal."

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