WASPI ‘victory’

molerat

Jonty6262 said:

Jonty6262 said:

Hilarious reasons for signing lol

https://www.change.org/p/mps-must-vote-on-waspi-compensation-now

This is a cracker lol

"This is an historical Injustice for 1950s born women ,who are on their knees with exhaustion and in debt and impoverished because they had No Letter ,NO NOTICE, No due Pension !!!" 

As a 50s man a lot of the reasons quoted in those comments equally apply to me

Grumpy_chap

molerat said:

Jonty6262 said:

Jonty6262 said:

Hilarious reasons for signing lol

https://www.change.org/p/mps-must-vote-on-waspi-compensation-now

This is a cracker lol

"This is an historical Injustice for 1950s born women ,who are on their knees with exhaustion and in debt and impoverished because they had No Letter ,NO NOTICE, No due Pension !!!" 

As a 50s man a lot of the reasons quoted in those comments equally apply to me

But do they only apply because you never received a letter?

hornetgirl

Jonty6262 said:

Jonty6262 said:

Hilarious reasons for signing lol

https://www.change.org/p/mps-must-vote-on-waspi-compensation-now

This is a cracker lol

"This is an historical Injustice for 1950s born women ,who are on their knees with exhaustion and in debt and impoverished because they had No Letter ,NO NOTICE, No due Pension !!!" 

Thank goodness I was born in 1960. Being born in the 1950s sounds pretty grim in comparison.

Marcon

Thanks and an acknowledgement to Matt of the Telegraph:

Marcon

Notepad_Phil said:

Flugelhorn said:b

Qyburn said:

MarzipanCrumble said:

What I think is more scandalous is that the old SP and the new SP will not rise at the same rate so that all on the old SP will fall behind quite considerably as the years progress.

Doesn't the Triple Lock apply to both? So they both get the same increases.

correct - the rate is the same but the absolute amount will always be smaller leading to an increasing gap https://www.bbc.co.uk/news/business-53082530#:~:text=In April 2024, the link,full, old basic state pension

But the percentage gap will remain the same. So seems fair to me.

Interesting how all the articles and threads I'm reading on this topic all seem to overlook the same thing: the position of those retiring with an occupational pension where a large part of that is GMP.

'The weekly loss is small for the first year but can build up over time. Somebody with a large GMP reaching State Pension age from April 2016 to March 2017 could have a notable loss over their whole retirement.'

See https://www.gov.uk/government/publications/new-state-pension-if-youve-been-contracted-out-of-additional-state-pension/guaranteed-minimum-pension-gmp-and-the-effect-of-the-new-state-pension

xylophone

Interesting how all the articles and threads I'm reading on this topic all seem to overlook the same thing: the position of those retiring with an occupational pension where a large part of that is GMP.

It has been addressed in previous posts on the forum and I can remember links to  a certain C Thompson who made a few attempts to get a government response on the point.

https://www.whatdotheyknow.com/user/c_thompson?page=2

https://www.ombudsman.org.uk/making-complaint/what-we-can-and-cant-help/how-we-have-helped-others/communication-changes-inflation-state-pensions

Of course even under the old SP, people with deferred DB pensions where the GMP increased under Fixed Rate could also be at a disadvantage once SP kicked in.

https://forums.moneysavingexpert.com/discussion/5499829/gmp-query-help

Malthusian

Jonty6262 said:

Hilarious reasons for signing lol

https://www.change.org/p/mps-must-vote-on-waspi-compensation-now

You would think that after so many years of campaigning experience they would know that this petition would be much better placed on petition.parliament.uk, where a petition can force a debate in Parliament if it gets 100,000 signatures. A change.org petition might as well be a Facebook "like and share if you support our troops" post.

There is currently a WASPI-adjacent petition of sorts on gov.uk: 

Offer the State Pension to all at 60, increase to equal 48hrs at the Living Wage

We want the Government to make the State Pension available from the age of 60, and increase this to equal 48 hours at the National Living Wage. Hence from April 2024 a universal State Pension should be £549.12 per week or £28,554.24 per year as a right to all, age 60 and above.

Hey, shoot for the moon and if you miss you will still be among the stars. It currently has 51,000 signatures, halfway to a Parliamentary debate. Although it doesn't include a backdated cheque for those who are already over 60, so this explains why the millions of WASPI women haven't signed it.

MACKEM99

BlackKnightMonty said:

Troytempest said:

Think we have gone drastically off topic!

We haven’t. There isn’t an endless pot of government money; and these WASPI claims will only place more strain on things.

More people need to pay more tax and take less freebies. Otherwise our kids and grandkids will be totally screwed.

There seemed to be an endless pot of money during the pandemic to pay people 80% of their salary to stay at home and do nothing, giving them amounts a state pensioner could only dream of?

BlackKnightMonty

MACKEM99 said:

BlackKnightMonty said:

Troytempest said:

Think we have gone drastically off topic!

We haven’t. There isn’t an endless pot of government money; and these WASPI claims will only place more strain on things.

More people need to pay more tax and take less freebies. Otherwise our kids and grandkids will be totally screwed.

There seemed to be an endless pot of money during the pandemic to pay people 80% of their salary to stay at home and do nothing, giving them amounts a state pensioner could only dream of?

The furlough gravy was paid by increasing national debt. A foolish move, and we should introduce a furlough tax for the money to be repaid in full.

UK Debt to GDP is now around 100% if it goes higher the perception of the UK will worsen in the financial markets leading to weakened investment and weakened sterling.

There is another way to pay for the rising SP and that is tax. As I’ve highlighted before currently 53.8% of all UK households receive more in benefits/services than they contribute in all taxes. If we raised taxes sufficiently; say 10% on the basic rate of income tax (more in line with other European nations) then we could probably get the percentage down to say 40% net benefiters (as it was back in the late ‘70s and early ‘80s…

westv

BlackKnightMonty said:

MACKEM99 said:

BlackKnightMonty said:

Troytempest said:

Think we have gone drastically off topic!

We haven’t. There isn’t an endless pot of government money; and these WASPI claims will only place more strain on things.

More people need to pay more tax and take less freebies. Otherwise our kids and grandkids will be totally screwed.

There seemed to be an endless pot of money during the pandemic to pay people 80% of their salary to stay at home and do nothing, giving them amounts a state pensioner could only dream of?

The furlough gravy was paid by increasing national debt. A foolish move, and we should introduce a furlough tax for the money to be repaid in full.

UK Debt to GDP is now around 100% if it goes higher the perception of the UK will worsen in the financial markets leading to weakened investment and weakened sterling.

There is another way to pay for the rising SP and that is tax. As I’ve highlighted before currently 53.8% of all UK households receive more in benefits/services than they contribute in all taxes. If we raised taxes sufficiently; say 10% on the basic rate of income tax (more in line with other European nations) then we could probably get the percentage down to say 40% net benefiters (as it was back in the late ‘70s and early ‘80s…

Do you mean an additional 10% to 30% or 10% more to 22%?