We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Sign the Petition for Womens state pension age going up unfair

18384868889124

Comments

  • JezR
    JezR Posts: 1,699 Forumite
    Part of the Furniture 1,000 Posts
    edited 30 April 2016 at 10:00AM
    Since VED is supposed to be dedicated to roads in England by the end of the decade, maybe people who think it already is are now ahead rather than behind the times.

    The TV licence is a hypothecated tax, although in the past portions of it have been sent into the consolidated fund.

    Money once in the NIF can't be spent on anything other than contributory and some other defined benefits. However, there is nothing to stop governments slicing off money from NICs before it gets into the fund for anything, such as presently done for the NHS.
  • jem16
    jem16 Posts: 19,691 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Caketh wrote: »
    This is not how I felt about the 2011 change. I don't believe that 6 or 7 years notice is sufficient as indeed the government themselves do not! All future changes (I believe) will have a minimum of 10 years notice. The 2011 Act affects men and women.

    Most would agree with you here but this only covers April 1953 to April 1956, mostly women but some men too. The 6/7 years' notice is only 1953/54 and they certainly have reason to complain with the shortest notice and biggest increase of 18 months.
    Given that NI contributions have a defined use (and the fact that 12% of thus fund used to go to the NHS which has been increased to 20% in recent years)

    The increase into the NHS was why NI was increased by 1% back in 2003 ( 4?). As has already been said Gordon Brown did this to avoid a 1% rise in general taxation so we really can't complain that the NHS got the extra funding as that was what was supposed to happen.

    and the NI pot has a massive annual surplus which could rectify this lack of notice I don't believe that there is a problem in doing so unless the government is poised to do a Maxwellian plunder of NI money.

    As colsten asks - where do you get that from?

    I assume it's from the blog you quoted or from Rita Abraham's submission which is being plastered all over Waspi supporter's sites. You need to read the previous replies before your post and you might have a better understanding of why it's quite naive in its understanding.

    If you're interested in the NI Fund and blogs, you would do well to read this one by a well respected financial blogger. The first two graphs go a long way to help understanding. It also shows that by 2035 there will be no NI Fund.

    http://www.coppolacomment.com/2016/04/the-fund-that-isnt-fund.html
  • JezR
    JezR Posts: 1,699 Forumite
    Part of the Furniture 1,000 Posts
    The prolonged period of ever increasing surplus in the NI fund from the recession of 1991 to 2008 was down to economic and demographic factors and high real interest rates. These all are unlikely to happen again soon.

    The quick decline in the surplus arose from slow growth in wages compared with the increases in pension paid through the triple lock, and the low interest rate the NIF received in line with gilts lending the money to the government. Payment of contributory JSA is a relatively minor effect as this has been deliberately withered away in value, length of qualification time, and claimant obligations. Redundancy payments also need to be factored in.
  • Well_excuse_me.
    Well_excuse_me. Posts: 1,166 Forumite
    Do women deserve equality or not ?

    Surely, as a group, they should be complaining at how long it is taking to be treated exactly the same as men ?
    Hi, we’ve decided to remove your signature.
  • ffacoffipawb
    ffacoffipawb Posts: 3,593 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Do women deserve equality or not ?

    Surely, as a group, they should be complaining at how long it is taking to be treated exactly the same as men ?

    Women want equality, but WASPI shows that women only want equality when it it is to their advantage..
  • bigfreddiel
    bigfreddiel Posts: 4,263 Forumite
    What exactly is unfair? For years women wanted to be treated as equals to men.

    Now you are.

    Where's the problem?

    Oh, not enough notice! Twenty years notice wasn't it? Labour government I believe? But that's not important.

    So what exactly do women want to be happy?

    Cheers fj
  • jamesd
    jamesd Posts: 26,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It's not kind to think that all women agree with WASPI, particularly when women are posting here who disagree with them.
  • Goldiegirl
    Goldiegirl Posts: 8,806 Forumite
    Part of the Furniture 1,000 Posts Rampant Recycler Hung up my suit!
    Women want equality, but WASPI shows that women only want equality when it it is to their advantage..
    What exactly is unfair? For years women wanted to be treated as equals to men.

    Now you are.

    Where's the problem?

    Oh, not enough notice! Twenty years notice wasn't it? Labour government I believe? But that's not important.

    So what exactly do women want to be happy?

    Cheers fj


    It's getting to the point where WASPI are an embarrassment to many women, with their poorly thought out campaign.


    Even worse, now some people are thinking that 'all' women agree with WASPI.


    *shakes head in despair*
    Early retired - 18th December 2014
    If your dreams don't scare you, they're not big enough
  • jem16
    jem16 Posts: 19,691 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 2 May 2016 at 8:26PM
    Goldiegirl wrote: »
    It's getting to the point where WASPI are an embarrassment to many women, with their poorly thought out campaign.


    Even worse, now some people are thinking that 'all' women agree with WASPI.


    *shakes head in despair*

    Totally agree with this. I am embarrassed that these are my peers.
  • jem16
    jem16 Posts: 19,691 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Caketh wrote: »

    Based on Rita Abraham's submission.

    Frances Coppola has now taken a look at this submission and basically taken it apart. It does not make good reading for Waspi campaign - although we knew that already to be honest.

    Dangerous assumptions and dodgy Maths.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.