Island would follow UK retirement age changes

Fri, 25 Jun 2010

Social Care Minister Martyn Quayle

The Social Care Minister says the Isle of Man would follow the UK in increasing the pension age.

Martyn Quayle states that the Island has a reciprocal agreement with the British Government on pensions.

In this week's budget, UK Chancellor George Osborne announced plans to increase the retirement age to 66 from 2016.

Mr Quayle says the Island would have to look at doing the same [play clip]