WASPI ‘victory’

Pat38493

From a comms and human phsychology perspective, such things should be heavily announced at the start, but then re-announced in the following years and in the years prior to when the changes will actually affect people, otherwise a lot of people will forget.

Malthusian

Silvertabby said:

I think it's disgusting that WASPE are misleading their members, by letting them think that 'victory' = full pension backdating to 60.

One more big crowdfunding push and I'm sure it will happen. Champagne and first class rail tickets don't buy themselves.

Hmm - remind me again which party was in power from 1997 to 2010.....

Blair's Red Tories, comrade.

dunstonh

Pat38493 said:

From a comms and human phsychology perspective, such things should be heavily announced at the start, but then re-announced in the following years and in the years prior to when the changes will actually affect people, otherwise a lot of people will forget.

People forget things very quickly. Especially if they consider it unimportant.   A lot of the WASPIs were in their 30s or 40s at the time and many wouldn't have given two hoots about the state pension at that age.   So, anything they did see about the state pension age would have been glossed over or ignored.    

p00hsticks

Pat38493 said:

From a comms and human phsychology perspective, such things should be heavily announced at the start, but then re-announced in the following years and in the years prior to when the changes will actually affect people, otherwise a lot of people will forget.

There's a saying ' you can lead a horse to water.....'

Nothing changes - like the state pension age increases,  information on the impact of the new State Pension introduction and the potential impact on people, together with the opportunity to increase ones forecast has been readily available for getting on for a decade.

Yet here we are on the original deadline day, with people still on these boards asking the same questions and trying in vain to get in touch with HMRC and DWP because suddenly they've realised after all this time that it might actually be to their benefit to show a modicum of interest in their financial future, state pension wise. 

MattMattMattUK

I have zero sympathy for the WASPI lot, the summary of their complaint seems to be that they badly planned financially because they ignored several decades of pension changes and now demand that they are given preferential treatment, rather than being subject to equality. 

woolly_wombat

Flugelhorn said:

It would probably be paid automatically and then taxed.  But I never so no to government money even if I see very little of it int he end. 

I don't feel I wasn't warned of the changes, FA told me in about 1998 - have known since then that the ages would be equalised. 

I’ll take it in lieu of the Equitable Life compo I never got (paid in a lump sum one year too early to be entitled) 😀

P.S. I am not a member of WASPI and I am not exactly holding my breath!

marycanary

If there is compo, who will receive it? Asking for a friend.

Nelliegrace

The state pension age had to be made equal as women fought for equality in other areas of finance, and then it had to be increased with the increased life expectancy.

The problem was that the change put a lot of women into poverty for the extra six years before they reached new state pension age. That is what upsets me. My generation of women were far less likely than men to be allowed to join employment pension schemes. We had lower wages than men for the same work. We had much less chance of promotion. We had gaps in employment, taking responsibility for childcare, care of the elderly, and looking after husbands so they could build up a good pension and savings for themselves, while we were given housekeeping money and a bit of spending money if we were lucky, and often men left taking the lot and leaving the burdens. Age UK describes how men have more personal savings because women earn less money and are more likely to give money to help their children. 

There was nothing most women could do to make up the thousands of pounds they would lose in the time it after it was announced. There was a delay between the decision by Government and releasing the information, and a lot of confusion about who would retire when, as it was phased in, and then it was postponed an extra year. Those hardest hit were not the best educated and informed in well paid management jobs, but the poorest women on low wages or benefits. Most women did not have the option to work for six more years.

We expected to retire from paid employment at sixty, and looked forward to it because post menopause, our bodies were letting us down. We still had all the housework, care of grandchildren, increasing care of elderly parents, and husbands of the generation who think their time off work is their leisure time. 

After a lifetime of being treated unfairly in financial matters, women were hit again by the men in power, as if to punish us for demanding equal rights. This bit of “equality” hurt a lot of women. I don’t expect compensation, but a bit of understanding and less arrogance would help. 

Silvertabby

Pollycat said:

Isn't this just re-hashing everything that already been said on this subject?

There are dozens of WASPI threads going back years.

It's a never ending soap opera.

woolly_wombat

marycanary said:

If there is compo, who will receive it? Asking for a friend.

Don’t count on it.

If previous ‘compensation due to maladministration’ cases are anything to go by, then if any compensation were eventually to be paid out, many of those entitled to it would no longer be with us.