John Reeve asked the question on mallowstreet “How has our (pension) industry changed under Queen Elizabeth II?) the link taking you to one answer including a statement that
“A boy born in 1952 was expected to live to 78 and a girl to 83. A boy born in 2012 is expected to live to 91 and a girl to 94.”
“must be achieved by co-operation between the State and the individual”
This idea of the State involved the wider context rather than the critical problems of the day. The State incorporates not just those born at the time the report was published (who are 70 today, but those like me born in the 60s and my son born around the millennium and indeed my grandchildren yet to be born.
I was struck , as I think all on the London Streets were, by the diversity of our nation. The crowd not only absorbed the tourists (many citizens of the Commonwealth), but recently nationalised Britains as well as those of us who’ve been here a bit longer. To me it’s happy and glorious to live in Britain and for a long weekend to go off like this without any signs of intolerance.
Perhaps this is the big picture change in our Society that John’s question asked for. We are no longer the Britain that had saved Europe from Fascism but Britain that has adapted and adopted to become the most diverse and tolerant nation in the world. I think that all British people felt something of this this weekend.
John’s question went a little further by looking at the specific impact of the past 60 years on the pensions industry and again I feel proud to be British. We have adapted and adopted. The grand vision of a final salary system that would provide a third pillar to our pension system that replaced two thirds of salary in retirement was and remains a fabulous aspiration.
But our conception of “retirement” needs to be adapted and a new understanding be adopted. If we are now expecting to live 12 years longer than we were 60 years ago and our idea of a retirement age is still in the early to mid-sixties then there is a little “adapting and adopting to be done”.
If we can start doing that, and that starts with those of us in our fifties and sixties who will have to accept that we overpaid in benefits to some of those in retirement today then we will be able to return to some form of consensus.
The spirit of Beveridge was co-operation. The report is bold and ambitious but it is also tolerant.
The strikes we see today are not in the spirit of Beveridge, nor are the inequalities we have between the pension haves and the have nots. We need to reorganise our pension systems to be fairer to all and that is what Government is there to do.
For our pension systems, as well as our nation to be happy and glorious, we should look beyond the clouds and see the bigger picture.
Scroll back to that picture of the sun this morning with Venus, the black dot. You couldn’t see that from your bedroom window when you woke up, but it was there!
- Doctors need to get real on pensions (henrytapper.com)
- The ‘nothing for something’ benefits system (inequalitiesblog.wordpress.com)
- The Beveridge Report and The Formation of The Welfare State in Britain (socyberty.com)
- Sixty happy and glorious years of soaring house prices (blogs.telegraph.co.uk)
- Doctors are pension millionaires – so why are they striking? (henrytapper.com)
- All migrants to get a British pension (express.co.uk)
- A Day of Jubilee (blogs.the-american-interest.com)
- God Save The Queen! (armyofcp.com)
- One day in the life of a Londoner, part 2 (natasha-london.com)
- Glorious summer is on way (express.co.uk)
- The great Jubilee jamboree takes off: Britain turns red, white and blue for four days of celebrations (dailymail.co.uk)
- Queen Elizabeth II: how will our age be remembered? (guardian.co.uk)
- Diamond Jubilee Celebrations (tickalongnice.wordpress.com)
- Our happy and glorious Queen reigns supreme (express.co.uk)
- Queen Elizabeth II off to the races at start of Jubilee (ctv.ca)
- Queen For a Day (envisioningtheamericandream.wordpress.com)
- Queen Elizabeth II watches Camelot win English Derby (thestar.com)
- Photos: Queen Elizabeth II: Young and Fashionable (abcnews.go.com)
- Vase Shows the Silhouette of Queen Elizabeth II and Prince Philip (neatorama.com)
- They Prospective Substitute Queen Elizabeth Ii (socyberty.com)
- Photos: Queen Elizabeth II’s Diamond Jubilee (abcnews.go.com)
- Met Office: Expect ‘typically British weather’ for Jubilee (itv.com)
- The Great British weather! (katieheartsandhugs.wordpress.com)
- Get ready to watch the Transit of Venus (talesfromthelou.wordpress.com)
- Rule Bretagne – La Forêt-Fouesnant, France (travelpod.com)
- Happy and glorious! (henrytapper.com)
- Words in the News: Glorious (englishblog.com)
- Steve Webb’s good week (henrytapper.com)
- Has Liam Byrne discovered his conscience over disability benefits? (liberalconspiracy.org)
- An affirmation of all Britain can be proud of’: Tony Parsons reflects on four days bursting with memorable moments (mirror.co.uk)