Retirement age increased to 65! Rant

seashore321

I know this is ridiclulous but when I started work in 1976 and I was told about the State pension the age I was told I could retire was 60. Then it went up to 63 and now it is 65.

When did it go up to 65:eek: ?


I have been working abroad and may have missed this item!!

If this keeps on happening every ten years I will be 140 before I get anything.

Rant over.:mad:

ginvzt

At the moment the government says I can retire when I am 68 (!!!!), but I would not be surprised if they decide that 75 is new 60....

dunstonh

When did it go up to 65:eek: ?

Its actually going up to 68. The first stage is to equalise the female/male ages to 65 then move it over a period between 2024 to 2044 from 65 to 68. Pension credits will also increase with it.

the movement to 65 was announced back in the early/mid 90s. So, its nothing new.

At the moment the government says I can retire when I am 68 (!!!!), but I would not be surprised if they decide that 75 is new 60....

I wouldnt be surprised to see the 68 age increased to 69 in 2054 and 70 in 2064 but that is just a guess. I think you are fairly safe to assume that the current state pension age mapping until 2044 is not likely to change.

CLAPTON

You can retire at 55 (from april 2010) and take your personal/occupational pensions if their rules allow it.
However, you can't get the state pension until 65 (from april 2010) and then phased in later as previous post.
If you started working in 1976 the retirement age for state pension was 65 for males and 60 for females.

bryanb

Women fought for this equality.

Oldernotwiser

CLAPTON wrote: »

However, you can't get the state pension until 65 (from april 2010) and then phased in later as previous post.

Not quite true. Women born after April 1950 are on a phased increase, so someone born in September 1950 will be able to claim her pension in April 2011 rather than September 2010 and so on. Only those born in 1955 or later will be equalised with men.

To the OP; there has been an enormous amount of publicity about this over the years, so I don't know how you missed it. Do you also know that you'll only need to have 30 years of contributions nowadays to get a full pension?

dunstonh

bryanb wrote: »

Women fought for this equality.

There was EU ruling in the early 90s that the ages should not be different for men and women. The proposals were first discussed back in 1992 and were covered a lot in the media at the time and it was around 95/96 that it was put in place.

IIRC, wasnt there a couple of men that fought the age difference in the hope the age would be reduced to 60?

margaretclare

I know this is ridiculous but when I started work in 1976 and I was told about the State pension the age I was told I could retire was 60. Then it went up to 63 and now it is 65.

So what? I started work in 1951 aged 16 and worked until I was 67, so did DH. I'd be working now if there were any jobs.

bryanb

dunstonh wrote: »

There was EU ruling in the early 90s that the ages should not be different for men and women. The proposals were first discussed back in 1992 and were covered a lot in the media at the time and it was around 95/96 that it was put in place.

IIRC, wasnt there a couple of men that fought the age difference in the hope the age would be reduced to 60?

True, but women have been fighting for equality for many years, eg suffragettes.

seven-day-weekend

This has been going on for at least fifteeen years and is to do with equal opportunities.

However, you will only need 30 years worth of contributions to get the full pension. I can claim my pension at 60 (as my retirement date is before April 6th 2010), but have to have 39 years (and if I was male, 44 years).

Swings and roundabouts.

Lokolo

dunstonh wrote: »

Its actually going up to 68. The first stage is to equalise the female/male ages to 65 then move it over a period between 2024 to 2044 from 65 to 68. Pension credits will also increase with it.

the movement to 65 was announced back in the early/mid 90s. So, its nothing new.



I wouldnt be surprised to see the 68 age increased to 69 in 2054 and 70 in 2064 but that is just a guess. I think you are fairly safe to assume that the current state pension age mapping until 2044 is not likely to change.

Lucky for some eh Grandad