Dear Editor,

Indeed I am shocked about the pending increase of the NIS pension age to 65 years.

I know that the people who would be putting this into law are or would be well taken care of in the 60-65 years age bracket, but what about the poor labouring men and women who have contributed for decades to NIS? Where will they get a job if they have to retire at the age of sixty? How are they expected to live? Even if they do get a job it would be a low paying one. Since the NIS pension is calculated on the best three of one’s last five working years, when our earnings capacity would be greatly reduced, the pension would be small indeed.

Of course no consideration would be given to the years before sixty when our earnings were higher. So some of us who have to retire at sixty will find ourselves in a plight after paying NIS for in excess of 40 years; remember the scheme started in 1969.

The sad thing about this matter is that we the older ones who would be affected can do nothing about this outrage.

Yours faithfully,

C Grant