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State Pension for Women

I was born in 1955 and will be caught up in the postponed pensionable age being moved to 65 - leaving me five years without a pension - is this being phased in or is it a straight cut-off for people born after this date?

Comments

  • noh
    noh Posts: 5,827 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    It's being phased in for those women born between 6th April 1950 and 5th April 1955.
    Those born after 5th April 1955 are too young to be affected by the phasing in.
    Calculator here
    http://www.thepensionservice.gov.uk/resourcecentre/statepensioncalc.asp

    Dont understand your comment
    leaving me five years without a pension
    You will be 65 years without a state pension just the same as a male born at the same time.

    Nigel
  • newcastlebelle
    newcastlebelle Posts: 175 Forumite
    nice of the government to stuff us up yet again.

    when I first started working at 18, it was with the view of a pension at 60.[ born 1960]

    now not getting it until I'm 66! pity we cant say we dont fancy paying tax nor NI for 6 years to cover the difference.
  • noh
    noh Posts: 5,827 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    nice of the government to stuff us up yet again.

    when I first started working at 18, it was with the view of a pension at 60.[ born 1960]

    now not getting it until I'm 66! pity we cant say we dont fancy paying tax nor NI for 6 years to cover the difference.

    But when you first started working you needed 39 years contributions for a full pension. Those retiring after April 5th 2010 only need 30 years contributions. So you are potentially getting a better deal.

    Nigel
  • Techno
    Techno Posts: 1,169 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    It's because we are all supposed to be living longer and I suppose it's only fair as us girls do live long than the men!!!(and there was no way they were bringing men's pensions down to 60!!)
    ;) If you think you are too small to make a difference, try getting in bed with a mosquito!
  • seven-day-weekend
    seven-day-weekend Posts: 36,755 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I can still get my State Pension at 60 (Retirement date January 2010).

    But I will have to have 39 years worth of contributions. You will only have to have 30.

    So, it's swings and roundabouts really.
    (AKA HRH_MUngo)
    Member #10 of £2 savers club
    Imagine someone holding forth on biology whose only knowledge of the subject is the Book of British Birds, and you have a rough idea of what it feels like to read Richard Dawkins on theology: Terry Eagleton
  • newcastlebelle
    newcastlebelle Posts: 175 Forumite
    not necessarilly noh!

    have already worked nearly 30 years and paid NI, but with pension moved til 66, I'm gonna have to work another 18 years til then anyway! in the long term, they're getting an extra 9 yeras NI payments outta me!:mad:
  • janienewcastle
    janienewcastle Posts: 102 Forumite
    Part of the Furniture Combo Breaker
    hey guys, bbc radio 4 moneybox programme tomorrow (saturday) is covering this subject. DWP apparently ar pushing a drive for women to enhance their pension, mainly to do with HRP whilst looking after children.
    Hope this helps someone x
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