MSE Poll: Should 1950s WASPI women be compensated?
Former_MSE_Naomi
Former MSE 519 Posts
Poll started 26 November 2019
Up to 3.8 million women born in the 1950s had been due to get the state pension at age 60. But legislation changes as recently as 2011 mean many will receive theirs up to six years later – some didn't hear about this until too close to retirement and say they hadn't had time (or in some cases, the means) to prepare for this delay.Labour proposes to compensate the women affected, costing the state £58 billion over five years. Boris Johnson said in a leaders' debate that while he sympathised, he couldn't promise 1950s women the money.
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Would some of these people like to post where they think this largess should come from? NHS? Education? Extra taxes for all?
Good for you.
1995 - women's state pension age to be equalised
Following pressure from Europe, the Conservative Government was forced to announce plans to equalise state pension age for men and women. The timetable was the most relaxed possible and would raise pension age for women to 65 slowly from April 2010 to April 2020.
2007 - further rises in pension age to 66, 67, and then 68 introduced
The Labour Government passed a new law to raise state pension age to 66 between April 2024 and April 2026, then to 67 between April 2034 and April 2036 and to 68 between April 2044 and April 2046.
6 April 2010 - women's state pension age begins to rise
The first women are affected by the equalisation changes. Women born 6 April 1950 to 5 May 1950 have to wait until 6 May 2010 to reach state pension age, a delay of up to one month.
Entitlement to Pension Credit for men and women is now linked to women's state pension age rather than the age of 60. A similar change restricts entitlement in England only to free bus travel. Entitlement to Winter Fuel Payment is also linked to women's state pension age and the qualifying date for the payment in winter 2010/11 moves to 5 July 2010. It will rise by six months each year.
May 2010 - further change promised
In opposition the Conservative Party had announced it would raise pension age for men and women more quickly than existing plans. After it came to power with the Liberal Democrats in May 2010 this pledge was repeated in the programme for government set out in the Coalition Agreement.
"We will...hold a review to set the date at which the state pension age starts to rise to 66, although it will not be sooner than 2016 for men and 2020 for women."
October 2010 - revised changes
The commitment in the Coalition Agreement fell foul of EU equality laws which allowed the government to equalise state pension ages as late as April 2020 but would not allow further discrimination between men and women during that process. So in the Spending Review of October 2010 the plans were revised. Women's state pension age would now be raised more quickly to reach 65 in 2018 and then both men and women's pension age would rise to 66 by 2020. Critics pointed out that plan breached the Coalition Agreement promise of 'no sooner than...2020 for women'.
2011 - Pensions Bill sets out the planned changes
In February 2011 the detailed timetable for change was announced in the Pensions Bill 2011. Women's state pension age would rise to 65 by November 2018 and then men and women's pension age would rise together to reach 66 by 5 April 2020. Five million men and women would face a later state pension date. But while men would have to wait at most another year, 500,000 women would have to wait longer than a year. The wait for 300,000 would be 18 months or more and 33,000 would have to wait for two years.
Widespread protests and rebellions in Parliament - which the Government defeated - led to promises by the Secretary of State Iain Duncan-Smith to introduce some 'transitional' changes to help the most severely affected women. But the Pensions Bill went through almost all its stages in Parliament with no details of what the Government would actually do.
On Thursday 13 October 2011, the last possible date, the Government announced its plans. It would cap the delay for women at 18 months. It kept the rise to 65 by November 2018. But would then stretch out the transition from age 65 to 66 for both men and women by an extra six months. It will now be completed in October 2020. The concession will cost £1.1 billion (at 2010/11 prices), half of which will be spent on stretching the timetable for men, none of whom had complained.
On Tuesday 18 October 2011 the House of Commons accepted these changes and despite a further attempt in the Lords to amend them the Pensions Act 2011 became law on 3 November 2011.
April 2011
In April 2011 the Government began a consultation on how it should bring forward the change in state pension age to 67 and then 68. That consultation closed on 24 June 2011.
29 November 2011
On 29 November 2011 in the Autumn Statement the Chancellor George Osborne announced that the rise in the State Pension Age to 67 would be brought forward to April 2026 to April 2028 instead of April 2034 to April 2036.
Further changes
Under the Pensions Act 2007 the state pension age will rise to 68 between April 2044 and April 2046. That date will be brought forward.
I am also shocked that so many people seem to be perfectly happy with well-off women born in 1955 (SPA 66) would get the top amounts (£30k-ish), whilst any poor women born later, same SPA, would get as little as £313. I absolutely understand the need for a taper but I totally do NOT understand why people in need do not get prioritised. I don't accept the "means testing is too costly" argument.
I am further shocked that nobody seems to care about 1950s men, at all. The Pension Credit (PC) age of men went up exactly the same way as women's SPA. So the very poorest of men, who previously qualified for PC from age 60 now get nothing, apart from perhaps ESA/JSA. As if that was not enough, they are now being humiliated by seeing affluent women their age walk away with up to £30K whilst they are getting not a bean.
Shocking, shocking, shocking that Labour, of all Parties, could come up with such a badly thought through proposal. Even more shocking that mature women are cheering it. Our society is going to ratshits.
Same here. Whilst I would obviously love to get an extra £28,000 myself, this blatant bribe will not influence my vote.
All very good, but unless you are Diane Abbott you will realise that there is no magic money tree. Where should the money be taken from to repay you and people like you ?