MSE News: ’Women's state pension petition secures second Parliamentary debate

dunstonh

Mhairi Black also said that nobody knew about the 1995 changes - clearly wrong.

She wasnt even a year old at the time and the consultations started before she was born. So, I suppose we can forgive her for not being aware.

More seriously - even with all this discussion about it, and the recent newspaper coverage, I bet there are *still* 59 yr old women out there expecting to retire within the next 12 months.

And they are probably the ones shouting loudest and saying they have made careful financial planning blah blah.

jem16

dunstonh wrote: »

She wasnt even a year old at the time and the consultations started before she was born. So, I suppose we can forgive her for not being aware.

She brought the debate to the backbenches so she should have made herself aware. If you only listen to one side you only get half the picture.

saver861

At the end of it all, there may be no change whatsoever - even for the most needy that were impacted by the 2011 changes. If there is, then it will be down to the campaign.

Signatures now at just 120,000, - exposure in various media, tv and radio. Those that can, do .... those that can't ....

Paul_Herring

t0rt0ise wrote: »

the late 2011 changes

... are not what I'm talking about. Nor are WASPI. Not in the main anyway.

Too much time is spent on here talking about irrelevancies which takes away from the real problem.

[...]

Edit: See the post below this one, totally irrelevant.

No. It's addressing the 1995 issue which WASPI are determined to talk about. The 2011 issue is being used as leverage by them. (And the latter should be sorted, the former, not so much.)

hugheskevi

If the level of engagement is such that some women were unaware of the 1995 changes, then presumably they were also blissfully aware of the demise of Long Term Capital Management, the Russian bond default, the effect of the Dot Com bubble bursting, the widespread closure of Defined Benefit pension schemes, the 2006 overhaul of the pension tax regime, plummeting gilt yields, declining annuity rates, changes from RPI to CPI indexation, the Triple Lock, the single-tier pension, the end of contracting-out for DC schemes in 2012, and in 2016 for DB schemes, and pension decumulation liberation.

And yet despite all this, it was State Pension age changes which derailed their careful planning

There is always change, and almost all of it is detailed (at some stage of policy development) in Budget or Autumn Statement documents. That comes with a speech on television, extensive newspaper coverage and easily accessed print and for most of the period online versions. If you can't be bothered to keep up with the basics you really shouldn't complain when you are surprised. Some folks have no shame though, especially given a whiff of 'free' money.

MoneyWorry

hugheskevi wrote: »

If the level of engagement is such that some women were unaware of the 1995 changes, then presumably they were also blissfully aware of the demise of Long Term Capital Management, the Russian bond default, the effect of the Dot Com bubble bursting, the widespread closure of Defined Benefit pension schemes, the 2006 overhaul of the pension tax regime, plummeting gilt yields, declining annuity rates, changes from RPI to CPI indexation, the Triple Lock, the single-tier pension, the end of contracting-out for DC schemes in 2012, and in 2016 for DB schemes, and pension decumulation liberation.

And yet despite all this, it was State Pension age changes which derailed their careful planning :

There is always change, and almost all of it is detailed (at some stage of policy development) in Budget or Autumn Statement documents. That comes with a speech on television, extensive newspaper coverage and easily accessed print and for most of the period online versions. If you can't be bothered to keep up with the basics you really shouldn't complain when you are surprised. Some folks have no shame though, especially given a whiff of 'free' money.

And yet the one thing they do know is that the government has a £30 billion surplus somewhere to provide compensation. Interestingly, debate is starting to take place because they now reckon people in their 20's and very early 30's are going to be categorically worse off than people in born in the 1950's. Probably very true when you think that some will rent and never own a home, a lifetime of living with job uncertainty and the death of nearly every final salary pension scheme. Sometimes it may be better to look at what you have rather than what you don't have.

harz99

Paul_Herring wrote: »

More seriously - even with all this discussion about it, and the recent newspaper coverage, I bet there are *still* 59 yr old women out there expecting to retire within the next 12 months.

And they still can. In fact anybody can retire at whatever age they wish, of course they will have to fund their retirement by their own means with cash/investments/private pensions whatever.


Or did you mean to say, "I bet there are *still* 59 year old women out there expecting to receive their State Pension within the next 12 months"?


World of difference there.

harz99

jem16 wrote: »

She brought the debate to the backbenches so she should have made herself aware. If you only listen to one side you only get half the picture.

I thought everyone knew better than to believe that anything an SNP member says is accurate or true.

molerat

It is a good cause in the name of women's rights that Ms Black can tag onto. No comebacks on her if it does not work out, all the fault of the Westminster Conservative government. Win or lose it suits her / the SNP agenda of disrupting the current administration and will probably pick up a few voters on the way.

saver861

The SNP are conducting a PR exercise and using the pensions issue as a platform. It might not look like a marketing exercise, but a rose by any other name .....

It would seem they have had a good deal of success on this one. However, it will be some time to the next election and, this on its own will be forgotten about by then. Somehow I do not think the SNP will leave it at that however.

The job of a politician is to get as much face time on every media possible to make him or herself look good. That is exactly the same for each political party.

Anyone thinking different is naive ....