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Millions of people face Victorian-style poverty in old age due to state pension freezes, official figures revealed yesterday.
More than 75 per cent of women and 60 per cent of men working in low-paid jobs such as labouring or bar-tending will be totally reliant on dwindling state payouts — currently £148.40 a week — or will face working long into retirement to make ends meet.
The bombshell was contained in a new Office for National Statistics analysis for 2010-12 revealing how few of us have another pension.
The government wants workers to sign up to private schemes in future and keep state pensions low.
But National Pensioners Convention (NPC) general secretary Dot Gibson branded the British state pension “one of the worst in Europe.”
The NPC wants a payout set above the poverty mark and tied to average earnings.
