SURVEY OF RETIRED MEMBERS

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Conference
2009 Retired Members' Conference
Date
8 June 2009
Decision
Carried as Amended

Conference is aware that whilst the national pension is held at a level below the Government’s declared poverty level many of our members are experiencing financial difficulties. Low paid and part-time women workers are retiring and finding that their combined national and occupational pensions leave them needing to apply for benefits in order to reach a minimum standard of living.

This cannot be right.

As a result of this many retired members are finding part-time jobs to supplement their income. The current financial situation and low interest rates on savings means that more and more of our retired members are seeking ways to increase their income and this invariably takes the form of part-time paid employment – often of a casual ‘cash in hand’ type.

This situation is likely to increase the longer the ‘credit crunch’ continues. Conference therefore instructs the National Retired Members’ Committee to organise a comprehensive survey of all retired members to ascertain the full extent of the problem. Once the statistics are known, it will be possible to work out a strategy on how best to address it.