The Social Democrats want to ensure that people can feel confident about what they will receive at retirement, whether this is a pension payable from the state or a pension through a savings arrangement. This confidence requires clarity and simplicity in communication, certainty that the rules governing the pension environment will remain unchanged as well as responsible planning for future increases to the pensions payable from the state.
However, security in old age is not just about income. It is critical that we provide decent public services for older people to ensure their full participation in society, to counteract isolation, and to ensure they have access to appropriate housing and healthcare.
The Social Democrats will prioritise the following policies: