Two in five workers fear their pension plan won't be enough to live on when they retire
Union Unite has warned workers are haunted by fears of pension poverty as a poll found 40% of those polled don't think that their workplace pension will be sufficient to live comfortably in retirement
A survey found that workers fear they will run out of money in retirement (
Image: Getty Images/iStockphoto
Fear of pension poverty haunts workers as they consider retirement, a union has warned.
Two out of five employees think that their occupational pension plan will not be enough to live comfortably.
The survey of 6,000 people, conducted by Survation on behalf of Unite, found that two-thirds (66%) think the state pension is insufficient.
Unite General Secretary Sharon Graham said: 'It is a mistake that there is so much fear and uncertainty before workers retire because pensions are not enough to live on.
“We must not allow profiteering employers or a neglectful state to push our people into pension poverty. defend the triple lock.
Picture:
Tim Merry)"New research from Unite confirms it is right for the union to fight for a better deal for pensioners. Securing a decent pension to live on is a central demand for Unite activists."
General Secretary of the Royal College of Nursing, Pat Cullen, said: "It is a sad day when the people who care for this country from cradle to grave are not earning enough to provide for their own future.
"A life of service should never mean a life of poverty.
"With the skyrocketing cost of living, this will only get worse. Some nurses have to resort to food banks just to get by.
"Many are leaving the profession and in the end it is patients who suffer - the nursing crisis means care is not being delivered and putting patients at risk.
"An easy way to recruit and retain more staff is to pay them fairly. But ministers didn't listen and now we have to consider a strike."
The...
Union Unite has warned workers are haunted by fears of pension poverty as a poll found 40% of those polled don't think that their workplace pension will be sufficient to live comfortably in retirement
A survey found that workers fear they will run out of money in retirement (
Image: Getty Images/iStockphoto
Fear of pension poverty haunts workers as they consider retirement, a union has warned.
Two out of five employees think that their occupational pension plan will not be enough to live comfortably.
The survey of 6,000 people, conducted by Survation on behalf of Unite, found that two-thirds (66%) think the state pension is insufficient.
Unite General Secretary Sharon Graham said: 'It is a mistake that there is so much fear and uncertainty before workers retire because pensions are not enough to live on.
“We must not allow profiteering employers or a neglectful state to push our people into pension poverty. defend the triple lock.
Picture:
Tim Merry)"New research from Unite confirms it is right for the union to fight for a better deal for pensioners. Securing a decent pension to live on is a central demand for Unite activists."
General Secretary of the Royal College of Nursing, Pat Cullen, said: "It is a sad day when the people who care for this country from cradle to grave are not earning enough to provide for their own future.
"A life of service should never mean a life of poverty.
"With the skyrocketing cost of living, this will only get worse. Some nurses have to resort to food banks just to get by.
"Many are leaving the profession and in the end it is patients who suffer - the nursing crisis means care is not being delivered and putting patients at risk.
"An easy way to recruit and retain more staff is to pay them fairly. But ministers didn't listen and now we have to consider a strike."
The...
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