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By 2020 there will be

By 2020 there will be more people over the age of 80 than under the
age of five.For a progressive government there can be no compromise
of our duty to today’s pensioners. But while we fulfil that duty we must
also see old age as a time of independence and opportunity. On pensions,
our aim is a system that provides security and decency for all,
which encourages and rewards saving, and is financially sustainable.
And because, more than anything, people need certainty to plan for
the future we will seek a national consensus – cross-party, cross-generation
– for long-term reform.

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