Increase in State Pension Age
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jiltedpensioner
Posts: 5 Forumite
As you know, anyone born after 6 October 1954 has a new State Pension age of 66 years. This is a loss of approximately £42,000 over the six years for every woman affected. I would urge you all to read and sign the online 38 degrees petition by Anne Keen. Simply google reverse the state pension law.
MPs have generous pensions paid for by the taxpayer but they have exempted themselves from their own legislation and will continue to retire early.
MPs have generous pensions paid for by the taxpayer but they have exempted themselves from their own legislation and will continue to retire early.
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jiltedpensioner wrote: »As you know, anyone born after 6 October 1954 has a new State Pension age of 66 years. This is a loss of approximately £42,000 over the six years for every woman affected. I would urge you all to read and sign the online 38 degrees petition by Anne Keen. Simply google reverse the state pension law.
MPs have generous pensions paid for by the taxpayer but they have exempted themselves from their own legislation and will continue to retire early.
We all know why a higher SPA is necessary (unsustainable costs, ageing population, lower working population etc.) and so I'm afraid this won't get far.Stephen Covey once said that "when you teach once, you learn twice". That is the primary reason for my participation on the forums as an IFA.
Although I strive to provide accurate information in my posts, there may be the odd time when I fail. Yes I know it's hard to believe but even Your Hero can make mistakes. Apologies in advance.0 -
We all know why a higher SPA is necessary (unsustainable costs, ageing population, lower working population etc.) and so I'm afraid this won't get far.
Agreed and is the OP suggesting that women should retire five years earlier than men? That hardly seem equitable!'I want to die peacefully in my sleep, like my father. Not screaming and terrified like his passengers.' (Bob Monkhouse).
Sky? Believe in better.
Note: win, draw or lose (not 'loose' - opposite of tight!)0 -
jiltedpensioner wrote: »As you know, anyone born after 6 October 1954 has a new State Pension age of 66 years. This is a loss of approximately £42,000 over the six years for every woman affected. I would urge you all to read and sign the online 38 degrees petition by Anne Keen. Simply google reverse the state pension law.
MPs have generous pensions paid for by the taxpayer but they have exempted themselves from their own legislation and will continue to retire early.
Oh rubbish! It's been law for a decade and a half that women's pension age must march up to equal men's. That's the big change - that gets you to 65. So there is no "jilting" for six years. The extra, for both sexes, is to stop pensions getting even more expensive, for the reasons given by other posters. Still, you are welcome to explain to us why you are not going to reject the bigger pension that you are likely to get under the new-style pension regime.Free the dunston one next time too.0 -
jiltedpensioner wrote: »As you know, anyone born after 6 October 1954 has a new State Pension age of 66 years. This is a loss of approximately £42,000 over the six years for every woman affected. I would urge you all to read and sign the online 38 degrees petition by Anne Keen. Simply google reverse the state pension law.
MPs have generous pensions paid for by the taxpayer but they have exempted themselves from their own legislation and will continue to retire early.
The words, fat cats, pigs
in trough, and b****y hypocrites spring to mind.I can afford anything that I want.
Just so long as I don't want much.0 -
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MPs do, indeed, have a generous pension scheme but I am not aware of any legislation that they have "opted out" of.jiltedpensioner wrote: »
MPs have generous pensions paid for by the taxpayer but they have exempted themselves from their own legislation and will continue to retire early.
A bit late for this!0 -
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greenglide wrote: »MPs do, indeed, have a generous pension scheme but I am not aware of any legislation that they have "opted out" of.
A bit late for this!
also worth noting that MPs are deducted 13.75% of their salary as contribution into their pension scheme.The questions that get the best answers are the questions that give most detail....0 -
it is apparent from both the wording of the petition and some of the comments below it that many people involved really haven't a clue and don't know what they are talking about.The questions that get the best answers are the questions that give most detail....0 -
jiltedpensioner wrote: »MPs have generous pensions paid for by the taxpayer but they have exempted themselves from their own legislation and will continue to retire early.
That's only if they remain in parliament, many don't.
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