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MSE News: Government stands by pension change plans

2

Comments

  • Oldernotwiser
    Oldernotwiser Posts: 37,425 Forumite
    I am one of those who fall foul of the new pension rules and have had 6 years put on to my working life, I would like to see a man stand for it; at least theirs is only going up by 1 year
    :mad::mad::mad::mad::mad::mad::mad::mad:

    It's only the implementation date that's a recent change, the equalisation of pension ages was announced many years ago.
  • System
    System Posts: 178,388 Community Admin
    10,000 Posts Photogenic Name Dropper
    I would like to see a man stand for it;


    I'd willingly stand for the 5 or 10 additional years of life expectancy enjoyed by women.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Andy_L
    Andy_L Posts: 13,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Le73Uq86Uv wrote: »
    And by the way MP's did not change their pension indexing from RPI to CPI. Lets have it one for all and all for one.

    Do you have a link for that?
  • Zelazny
    Zelazny Posts: 387 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I am one of those who fall foul of the new pension rules and have had 6 years put on to my working life, I would like to see a man stand for it; at least theirs is only going up by 1 year
    :mad::mad::mad::mad::mad::mad::mad::mad:

    All private pension schemes had to equalise retirement ages for men and women from 17 May 1990. For some reason the state scheme was exempt from this, but it was always announced that it would be equalised at some point.

    How do you think all of the men who retired to date feel about the fact that women would live longer and could retire 5 years earlier?
  • Le73Uq86Uv
    Le73Uq86Uv Posts: 336 Forumite
    edited 21 June 2011 at 9:22AM
    And by the way MP's did not change their pension indexing from RPI to CPI. Lets have it one for all and all for one.

    Andy_L wrote: »
    Do you have a link for that?

    Write and ask your MP as that is what I did.

    The more that ask may make them think about how they look by their electors.

    The word NIMBY comes to mind.

    I did think about putting the letter in the bathroom but I just shreaded it in the end as it was such a load of garbage.
    Signature removed club member No1.

    It had no link, It was not to long and I have no idea why.
  • Andy_L
    Andy_L Posts: 13,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Le73Uq86Uv wrote: »
    Write and ask your MP as that is what I did.

    what did your's say. The answers I've seen in other threads is that they don't know.
    The scheme rules of their pension say it will use the same rate as other Public Sector schemes & S2P (ie CPI)
  • Le73Uq86Uv
    Le73Uq86Uv Posts: 336 Forumite
    edited 21 June 2011 at 9:36AM
    Maybe he or I got it wrong but he is a minister and they have got a lot wrong recently.

    Ask your MP : writetothem.com
    Signature removed club member No1.

    It had no link, It was not to long and I have no idea why.
  • Penny-less_2
    Penny-less_2 Posts: 135 Forumite
    Part of the Furniture
    Hi. I am one of the ladies affected by these changes as I was born in April 1954. Anyone else affected may find this link useful:

    http://www.ageuk.org.uk/get-involved/campaign/state-pension-age-campaign/

    Hope this helps.

    Penny x
  • Mrs_Arcanum
    Mrs_Arcanum Posts: 23,976 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Thought this had been changed ages ago by Labour.
    Truth always poses doubts & questions. Only lies are 100% believable, because they don't need to justify reality. - Carlos Ruiz Zafon, The Labyrinth of the Spirits
  • dunstonh
    dunstonh Posts: 120,547 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    edited 21 June 2011 at 7:40PM
    I am one of those who fall foul of the new pension rules and have had 6 years put on to my working life, I would like to see a man stand for it; at least theirs is only going up by 1 year

    How have you had to work an extra 6 years with this legislation?

    There is not a single thing in this legislation that is increasing the state pension age by that long or anything close to it.

    The 1995 legislation increased it 65 by 2020. It is bring brought forward by just one year. Then the increase to 66 (passed by the previous Govt) is being brought forward by 5 years.

    So, the worst case scenario is two additional years. Not six.
    Hi. I am one of the ladies affected by these changes as I was born in April 1954. Anyone else affected may find this link useful:

    You are pretty much the "worst case" example as you would have been April 2018 but will be April 2020 instead.
    What is the retirement age of MP's and what are their T&C of retirement ?

    Exactly the same as everyone else with their date of birth. The state pension age is not based on occupation. Just as they day you choose to retire is not based on the state pension age.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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