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government pension Now 66 is that right??

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  • custardy
    custardy Posts: 38,365 Forumite
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    WildRedHed wrote: »
    I was actually responding to, and agreeing with, the first poster. And expressing my opinion, which I`m quite entitled to do, as you are to express yours.

    I would like to hear from any other women who were born in September 1954.

    So no fight then
    just that its not fair,but fine for men.
  • patchwork_cat
    patchwork_cat Posts: 5,874 Forumite
    For those saying that as women live longer than men they should in fact work longer - well have a read http://www.bbc.co.uk/news/health-17811732.

    I am for equality and pension age should be the same for both sexes I am, however, very concerned by these ever increasing age limits - who can imagine a nurse working on a geriatric ward nursing patients younger than themselves or a paramedic going up 20 flights of stairs at 67?

    I just hope that there is still a state pension when I retire, though.
  • MonkeyMad
    MonkeyMad Posts: 421 Forumite
    edited 23 April 2012 at 3:18PM
    Those figures suggest that in 2030 men and women aged 30 will have the same life expectancy of 87 and might be expected to share a retirement age which is what has been proposed. Until then, women are expected to live longer and so you could still argue they should actually work longer now (is morally too late to affect this change but it should have been the case a long time ago).
  • ViolaLass
    ViolaLass Posts: 5,764 Forumite

    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.”

    Here are the relevant data:

    Retirement Age at Death

    age death time
    49.9 86.0
    51.2 85.3
    52.5 84.6
    53.8 83.9
    55.1 83.2
    56.4 82.5
    57.2 81.4
    58.3 80.0
    59.2 78.5
    60.1 74.5
    61.0 74.5
    62.1 71.8
    63.1 69.3
    64.1 67.9
    65.2 66.8

    The good news for me is I decided to retire early so based on the above info may live to receive my telemessage from THE Queen. Nice!

    You're assuming a causal link between the two. We can assume that those who retire earlier are better off and may therefore be able to afford an easier life/not do manual work for example, leading to them living longer. The act of retiring early, per se, probably doesn't explain the matter on its own.
  • lazer
    lazer Posts: 3,402 Forumite
    It is a bit unfair.My mum (born in 1953) reaches state pension age at 62yrs and 10months.Her sister also born 1953 (after 6th December) doesn't reach state pension age until 65yrs and 2months.It depends on your exact date of birth how the legislation affects you.
    Weight loss challenge, lose 15lb in 6 weeks before Christmas.
  • jem16
    jem16 Posts: 19,653 Forumite
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    edited 23 April 2012 at 5:53PM
    WildRedHed wrote: »
    I can assure you that my figures are correct for me as I applied for an updated pension forecast when I was made redundant in April 2011. The age was definitely 62 then,

    Perhaps a mistake was made on the forecast. Do you still have that forecast or are you relying on memory?

    This table has the age it has been since 1995.

    http://www.mycompanypension.co.uk/Table-of-female-State-Pension-Age-Factsheets
    My PA went up to 64 yrs 5 mths in Sep 2011, then rose to 65 yrs 11 mths recently.

    In October 2010, it was announced that someone of your age would have to wait until 66 to retire, in some cases 2 years extra.

    In October 2011 that bill was amended so that no-one of your age would wait more than 18 months hence why it was moved back to 65yrs 11mths from age 66.

    This was part of the campaign.
    The petition was launched in February by Unions Together which campaigns for Labour and its poster girl, 57 year old Barbara Bates (pictured) from County Durham who will have to wait two extra years.

    Bates says: “I feel like the rug has been pulled out from under me. I have worked since I was 15 and since the 1990s I have expected to retire in 2018, when I will be 64. Suddenly I have found out with very little notice, I will have to work until I am 66.”

    http://www.moneymarketing.co.uk/politics/10000-call-for-state-pension-age-increase-to-be-abandoned/1031244.article

    Note the parts in bold.
  • molerat
    molerat Posts: 34,715 Forumite
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    edited 23 April 2012 at 6:28PM
    Mrs M was born Feb 55 and her pension age had been at 64 yrs 11 mths for years as per the table in jem16's link and The Pension Act 1995, it is now 66.

    Link to an article here http://www.telegraph.co.uk/finance/personalfinance/pensions/8421127/I-accepted-the-1995-Pensions-Act-but-this-is-unfair.html
  • jem16
    jem16 Posts: 19,653 Forumite
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    molerat wrote: »
    Mrs M was born Feb 55 and her pension age had been at 64 yrs 11 mths for years as per the table in jem16's link and The Pension Act 1995, it is now 66.

    Link to an article here http://www.telegraph.co.uk/finance/personalfinance/pensions/8421127/I-accepted-the-1995-Pensions-Act-but-this-is-unfair.html

    Seems that it was only the OP and WildRedHed who were privileged and had the age 62 state pension age when everybody of the same age had 64yrs 4/5mths from 1995.

    I wonder if they are the same person? ;)
  • molerat
    molerat Posts: 34,715 Forumite
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    I have just checked our paperwork and her SP forecast from 2009 has 64/11 on it, Jan 2020.
  • bigfreddiel
    bigfreddiel Posts: 4,263 Forumite
    I am for equality and pension age should be the same for both sexes I am, however, very concerned by these ever increasing age limits - who can imagine a nurse working on a geriatric ward nursing patients younger than themselves or a paramedic going up 20 flights of stairs at 67?
    well actually we're all living longer now - 60 is the new 40 - just check out all those pensioners now in their 60's going white water rafting, skiing, running the marathon and so on - so when you 40 yr olds now reach 60+ you'll be whole load fitter than and 60 for you will be the new 30 - i'm quite confident when i'm 80 odd i will be in safe hands with one of you youngsters looking after me.
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