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government pension Now 66 is that right??

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  • le_loup
    le_loup Posts: 4,047 Forumite
    pineapple wrote: »
    With conditions like Alzheimer's on the rise, I'm not holding my breath.
    Why? Is that a cure?
  • custardy
    custardy Posts: 38,365 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    WildRedHed wrote: »
    I`ve worked since 1974 in the male dominated building construction industry, and always on the same salary as my male counterparts – I made sure of that. I`ve watched with interest as women fought for so-called “equality”, but whatever they think they`ve gained, they`ve lost something far more valuable – respect. Men – usually younger men – use the “equality” argument all the time to excuse boorish behaviour.

    Until medical science has reached the point where a foetus can be created and grown to term in an artificial environment, men and women will never be equal. Men literally cannot exist without women, however much they might like to.

    It is not fair to raise the state pension age of women who have expected to retire at 60. What would be fair would be to tell people starting work now that they will not retire until they are 70, or whatever the age needs to be to balance the books. There are also many women who have retired at 60, are claiming state pension, and have carried on working in the same role with substantial earnings. Is that fair?

    As far as living longer goes – we are SURVIVING longer. Its not quite the same thing, ask the majority of people who live in care homes.

    only unfair for women? fine for men?
    As forworking until 70.
    I started work quite some years ago.
    I am under no illusion that the state pension age will be much higher by the time it comes to me(if I make it)
  • jamesd
    jamesd Posts: 26,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 22 April 2012 at 8:04PM
    The life expectancy for 65 year old men of normal health in the UK is currently about to age 87
    This work was based on an analysis of longevity data from former Boeing Aerospace, and it concluded that “for every year one works beyond age 55, one loses 2 years of life span on average.”

    age death time
    ...
    65.2 66.8
    Boeing official response:

    "Even though this chart has been in existence for over twenty years, it is not based on fact. There is no correlation between age at retirement and life expectancy of Boeing retirees."

    You need to do better research before you repeat an urban myth that even Boeing has specifically contradicted with its "Let’s Retire the Rumor about Life Expectancy" document.

    The stuff you provided was claimed to be based on a study of Boeing aerospace (note the old company name) workers that is 25 years old. It's for manual workers mainly and in the US healthcare system that does much less well than UK one for lower earners in retirement when it comes to longevity. With the single company restriction it will also include things like exposure to workplace carcinogens and their effect on longevity of the workers there. These days those numbers are an urban myth, not close to the truth. Not that Boeing thinks there's a lot of truth to it anyway, writing "Julie Curtis, an actuary at Boeing. I’ve been looking at the data since 1983, and the length of a retiree’s life is unrelated to the age at his or her retirement".
  • jem16
    jem16 Posts: 19,653 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 22 April 2012 at 9:24PM
    WildRedHed wrote: »
    As mentioned before, my "bump" has been a lurch from age 62 in April 2011 to 65yrs 11 mths now, and I am absolutely sure that before then it will rise again, so I won`t hold my breath.

    That's strange. My fiend is 58 in August of this year and has known for many years that her state pension age was 64yrs and 4 months.
    Here's the previous ages that have been known about since 1995.

    http://www.mycompanypension.co.uk/Table-of-female-State-Pension-Age-Factsheets

    Now she has to wait until age 65yrs 10mths. You can't be much younger than her so I can't see how your pension age was ever 62. A female born in September 1954 would have had a pension age of between 64yrs 4mths and 64yrs 5mths.

    My other friend who is 59 in November had a state pension age of 63yrs 7 mths. Her new state pension age is 64yrs 11 mths.
  • Zekko
    Zekko Posts: 215 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    edited 22 April 2012 at 9:45PM
    Count yourself lucky. State Pension age will likely be 70+ by the time I'm able to claim it (if it even exists at all - How about paying in 30yrs+ of NI contributions with nothing to show at the end.).
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    People used to smoke at work that long ago in the US. Silly nonsense data.
  • Pobby
    Pobby Posts: 5,438 Forumite
    I am of an opinion that if you are well, can stay in work it is not that bad. Trouble is in these times it is very hard to get work. In one industry for 40 years. Now 63 . Very well known and experienced but would be laughed out of court.

    I am afraid that we live and have done for years under governments with no idea.
  • custardy
    custardy Posts: 38,365 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    WildRedHed wrote: »
    That applies to younger women. Most of my friends are only 3 or 4 years older than me and they have all retired at 60.



    As mentioned before, my "bump" has been a lurch from age 62 in April 2011 to 65yrs 11 mths now, and I am absolutely sure that before then it will rise again, so I won`t hold my breath. Fortunately I already have my required 30 years NI contributions and not enough income to pay tax, so they are both savings.

    I`m pleased that your mother was in good health, but she is not in the majority. My father is also in good health at 86 (for that read takes no medication), but he is completely deaf and partially blind. Breathing, but not living.

    Looking on the bright side, once he`s gone I`ll be able to work again in what ever work is available to women over 60/70! ;)

    so basically what was expected of men for years?
  • custardy
    custardy Posts: 38,365 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    WildRedHed wrote: »
    Well that`s up to them to fight for themselves ;)

    Thats fine
    however you aren't fighting.
    you are crying after the horse has bolted,lived its life,turned into glue and put on the back of a stamp a letter about your pension.
  • ghayoor
    ghayoor Posts: 15 Forumite
    I was not so much aware with these information. Thanks to all those who contributed to and share their experience:)
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