MSE News: Pension minister vows 'no concessions' for WASPI

Silvertabby

I've always thought they should have called themselves WASPE - 'Women Against State Pension Age Equality.

Mortgagefreeman

'Having read the Telegraph article I cannot understand why Anne Keen, and women like her did nothing or seek advice about their forthcoming retirement.

There is an Latin phrase that sadly sums up their predicament
Ignorantia juris non excusat or ignorantia legis neminem excusat

ignorance of the law excuses not" and "ignorance of law excuses no one" respectively'

seven-day-weekend

Glad this is cleared up at last.

Paul_Herring

seven-day-weekend wrote: »

Glad this is cleared up at last.

I'm sure it isn't. It certainly won't stop the screeching.

Mortgagefreeman

https://mobile.twitter.com/WASPI_Campaign/status/778550933919768576?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet



SNP :rotfl:

When will they learn? It doesn't matter if it's £1m or £77billion, you're not getting any more concessions.

Paul_Herring

Such a shame that Gavin Newlands has a gold-plated final salary pension to look forward to (paid for by the taxpayer) otherwise I'm sure that wouldn't look like the blantant bandwagon jumping that it appears to be.

bmm78

The £30bn figure is the overall saving made by the 2011 Pensions Act, which not only changed the 1995 timetable for equalisation but also the 2007 timetable increasing pension age to 66 for both men and women.

The government estimated the cost of reverting to the 1995 Timetable as £10bn, while still accelerating men’s and women’s SPA to 66 between April 2020 and April 2022.

We await the actual report, but it seems likely that this is just taking figures out of context and ignoring all other cohorts. Rather like the WASPI campaign itself, one might say.

bmm78

https://d3n8a8pro7vhmx.cloudfront.net/thesnp/pages/7860/attachments/original/1474453410/SNP_WASPI_Report.pdf?1474453410

Good timing.

All 5 options are discriminatory and would contravene EU Directive 79/7/EEC. In the highly unlikely event that they saw the light of day, they would be wide-open to legal challenge.

hugheskevi

It always irritates me when any group says they have found that something is 'affordable,' and similarly when the govt or others assert that something is 'unaffordable' as though this clinches the argument. The UK can borrow a lot of money, and so can 'afford' almost anything you can choose to mention (eg High Speed 2, nuclear powers stations, etc, all cost billions). The question is whether it is an optimal use of money compared to alternative uses of the money, one of which is not borrowing the money at all. That is a value-judgement, not an affordability consideration.

Such a shame that Gavin Newlands has a gold-plated final salary pension to look forward to

Mr Newlands was elected in 2015 - he is in the new career average pension scheme.

dunstonh

hugheskevi wrote: »

It always irritates me when any group says they have found that something is 'affordable,' and similarly when the govt or others assert that something is 'unaffordable' as though this clinches the argument. The UK can borrow a lot of money, and so can 'afford' almost anything you can choose to mention (eg High Speed 2, nuclear powers stations, etc, all cost billions). The question is whether it is an optimal use of money compared to alternative uses of the money, one of which is not borrowing the money at all. That is a value-judgement, not an affordability consideration.



Mr Newlands was elected in 2015 - he is in the new career average pension scheme.

MP salaries are generally stable. So, career average is not really an issue for the majority of MPs.