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Revised retirement age

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Comments

  • Caroline_a
    Caroline_a Posts: 4,071 Forumite
    dunstonh wrote: »
    Yes it is legal and much of that increase was because of the EU.



    You havent had a 60 state pension age for almost two decades.



    As the change to 65 was first proposed twenty years ago and then put in place 18 years ago, surely that is enough?

    The only bit at short notice was the increase from 65 to 66. The increase was brought forward more in line with the original report.

    Actually this is wrong. The women's pension age began to rise in April 2010. So any women who had not seen the original decision about it would have been fairly shocked to see 2 rises in what appeared to be very quick succession.
  • Torry_Quine
    Torry_Quine Posts: 18,894 Forumite
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    Caroline_a wrote: »
    Actually this is wrong. The women's pension age began to rise in April 2010. So any women who had not seen the original decision about it would have been fairly shocked to see 2 rises in what appeared to be very quick succession.

    It's been known about for many years though and discussed at length on here, in the media such as newpapers etc. To have no idea someone really must be living in isolation.
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  • Proxy
    Proxy Posts: 245 Forumite
    Caroline_a wrote: »
    Actually this is wrong. The women's pension age began to rise in April 2010. So any women who had not seen the original decision about it would have been fairly shocked to see 2 rises in what appeared to be very quick succession.

    My retirement age will be 68 (well, for now). Just because it hasn't actually happened yet doesn't mean it doesn't exist.
  • Caroline_a
    Caroline_a Posts: 4,071 Forumite
    No, but there was no early notification to individuals of the rise in age, so I can understand why it would be a shock to some people.
  • Caroline_a
    Caroline_a Posts: 4,071 Forumite
    It's been known about for many years though and discussed at length on here, in the media such as newpapers etc. To have no idea someone really must be living in isolation.

    I disagree. There must be a huge amount of people who do not even know about this site, let alone this board!! Plus, 20 years ago pensions to people of that age were not even discussed, let alone read up about. I remember paying into my first pension which was longer than 20 years ago, and we had no meetings with advisers, options for this or that, we were just told 'this amount of money in your salary goes towards your pension', and that was that.
  • Torry_Quine
    Torry_Quine Posts: 18,894 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Caroline_a wrote: »
    I disagree. There must be a huge amount of people who do not even know about this site, let alone this board!! Plus, 20 years ago pensions to people of that age were not even discussed, let alone read up about. I remember paying into my first pension which was longer than 20 years ago, and we had no meetings with advisers, options for this or that, we were just told 'this amount of money in your salary goes towards your pension', and that was that.

    That's why I didn't just say this site. I didn't find out from here myself. 20 years ago yes I was interested in my pension entitlement and always have been. I think everyone should be. You are also confusing things by talking about your work pension which is totally different.
    Lost my soulmate so life is empty.

    I can bear pain myself, he said softly, but I couldna bear yours. That would take more strength than I have -
    Diana Gabaldon, Outlander
  • mumps
    mumps Posts: 6,285 Forumite
    Home Insurance Hacker!
    dunstonh wrote: »
    Yes it is legal and much of that increase was because of the EU.



    You havent had a 60 state pension age for almost two decades.



    As the change to 65 was first proposed twenty years ago and then put in place 18 years ago, surely that is enough?

    The only bit at short notice was the increase from 65 to 66. The increase was brought forward more in line with the original report.

    The original change added 2 years 3 mths to my age for receiving state pension, the second change added 2 years 6 months. I never quite understand why increasing the state retirement age by 12 months added 30 months to my retirement age.
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  • bigfreddiel
    bigfreddiel Posts: 4,263 Forumite
    edited 28 December 2012 at 9:08PM
    mumps wrote: »
    It changed twice, so far, and to be fair the second change didn't give alot of notice.
    the biggest reform happened in 1995
  • bigfreddiel
    bigfreddiel Posts: 4,263 Forumite
    bilbo51 wrote: »
    and bigfreddiel forgot how to do simple arithmetic. :rotfl:
    thats right 0/10 for me :beer:
  • bigfreddiel
    bigfreddiel Posts: 4,263 Forumite
    edited 28 December 2012 at 9:00PM
    mumps wrote: »
    Like the OP I am 59 and I certainly wasn't 31 in 1995.
    i stand orreected you were more like 41-42 (roughly) in 1995, perhaps all the more reason to have been aware of the reform in state pension age - as dunstonh says you can retire anytime you like

    cheers

    fj
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