The illusion that many workers share is that as they reach retirement age they will be able to live in a sort of rocking-chair contentment but in reality most of us will live even more parsimonious existences than we do at present whilst we are surviving from pay-day to pay-day. "Millions of people face a "bleak old age" because they are falling through the cracks of private sector pension provision, a review suggests. The Workplace Retirement Income Commission says 14 million people are not saving into a workplace pension scheme at all." (BBC News, 1 August) Working for a wage or a salary as we all have to do is a precarious existence but when we are finally thrown on the industrial and commercial scrapheap the future for most workers according to the Commission is apparently even more awful. RD
The Glasgow & Edinburgh Branches Blog. Towards a better understanding of the world, in order to change it.
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