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Should 1950s WASPI women be compensated?
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MarkCarnage wrote: »This may be why I haven't had a reply to my questions on this to my local MP - also SNP....maybe he's off to ask his mum....
Well we will just have to hope that HIS mum tells him the truth! Although truth & politicians rarely seem to go hand in hand, especially these days.0 -
MSE poll and discussion
https://forums.moneysavingexpert.com/discussion/comment/76540212#Comment_76540212
No and the poll was flawed0 -
The calculations are really very simple. To fund an extra 5 years of state pension requires £40K which is £20 per week for 40 years. So even funding entirely from employees contributions is feasible. The pensioner could do it themselves by investing in a private pension & there are many on this forum boasting of retiring in their forties or fifties simply out of their own savings. Most people aren't so prudent nor do they take the one view which is why it makes sense for the state to intervene & make it compulsory.
If NI receipts were not enough under current rules then the rates can be raised by levying NI on higher rate income at more than 2% or salaries of working pensioners who pay no NI at all (I know I'm one of them & have been receiving over £5K per year extra since I reached state pension age).
Honestly. The calculations aren't simple, not even for actuaries (are you one?) who have the appropriate demographic data at their disposition. I for one give the GAD more credence on the matter.
You are talking completely hypothetically, too, and you know it. Comparing state pensions to private pensions simply makes no sense, as almost the only commonality between the two is the word "pension". There have been at least 2 independent inquiries into the state pension age and neither of them found a SPA of 60 affordable or sustainable. Your proposal that everyone should pay £20/wk extra for 40 years to fund SP at 60 is so overly simplistic, I won't comment further on it.0 -
So were women not swayed by this blatant discriminatory bribe or did the Marxists not shout about it enough?
A Labour victory would probably cost the WASPE women more than they would have gained, eventually, even at the maximum bung.
Ooh Boris Johnson0
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