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State pension let down

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Comments

  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    Remember that the best deal for the State Pension is to have it paid WEEKLY.
    I seem to remember the default is Monthly.
    There will be no Brexit dividend for Britain.
  • custardy
    custardy Posts: 38,365 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    pineapple wrote: »
    Women are having an accelerated hike to 65. Haven't you been watching the news? Look it up.
    http://www.moneyobserver.com/news/11-06-20/mps-debate-pension-age-rise-women

    god whats all this moaning about waiting longer for women
    why would any woman feel they have a right to their pension early over men?
    that should have been stopped years ago
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Everyone(1) is seeing the date they can access their retirement benefits receding into the future. For example, I know a chap who had to wait another five years until age 55 to access his personal pension because he birth date was just one side of an arbitrary cutoff. He wasn't too happy!

    (1) - OK, nearly everyone. Those in the public sector seem to have got off lightly and a relative of mine has just retired from a fairly lowly position at age 50.
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • Pollycat
    Pollycat Posts: 36,195 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Savvy Shopper!
    edited 30 July 2011 at 10:10AM
    deleted - duplicate
  • Pollycat
    Pollycat Posts: 36,195 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Savvy Shopper!
    pineapple wrote: »
    Women are having an accelerated hike to 65. Haven't you been watching the news? Look it up.
    http://www.moneyobserver.com/news/11-06-20/mps-debate-pension-age-rise-women

    Pineapple, your link doesn't work (at least for me).

    The move to paying state pension for women at age 65 (instead of 60) has been planned for many years and has been in the public domain for many years.

    I reckon I was aware of this change (I'm 58 this year and will not get my state pension until age 63) at least 15 years ago, probably longer.

    The media seem to have jumped on the bandwagon about the move to age 66 and seem to be reporting it as a massive change from age 60 to 66 for women, whereas anybody clued-up to their pension entitlement has been aware of the first change for a while.

    For example, my sister is 46.
    To read the media - shock! horror! Suddenly, her state pension age is 6 years later than she had anticipated.

    Not true.

    It's actually one year later than she should have anticipated.
  • dzug1
    dzug1 Posts: 13,535 Forumite
    10,000 Posts Combo Breaker
    gfplux wrote: »
    Remember that the best deal for the State Pension is to have it paid WEEKLY.
    I seem to remember the default is Monthly.

    I'm not sure weekly is on offer to new pensioners
  • le_loup
    le_loup Posts: 4,047 Forumite
    It is...........
  • whitesatin
    whitesatin Posts: 2,102 Forumite
    Part of the Furniture 1,000 Posts
    I did at once feel hard done by for having to wait one year five months to get my pension (60 in Sept) but I now realise I am one of the lucky ones. Six days would be a good kind of wait.
  • keith1950
    keith1950 Posts: 2,597 Forumite
    1,000 Posts Combo Breaker
    Very sad thread.
  • kidmugsy
    kidmugsy Posts: 12,709 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    pineapple wrote: »
    Women are having an accelerated hike to 65. Haven't you been watching the news? Look it up.
    http://www.moneyobserver.com/news/11-06-20/mps-debate-pension-age-rise-women

    Hold on, the rise to 65 for women was announced a decade-and-a-half ago. It's hardly unanticipated.
    Free the dunston one next time too.
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