10 signatures reached
To: The Government
STOP REPEATED DELAYS ON RECEIVING PENSIONS WHATEVER YOUR GENDER
Some women have had their pensions delayed twice. It isn't fair to delay pensions receipt on women a second time after they have already been delayed once. Not a women? Well the age is changing for both sexes and there is no evidence to suggest they won't change it again.
It is not fair to have a double delay which leads to people 3 years younger than others who had their pensions at 60, to wait 4.5 years longer. i.e. At 3 years younger, they get their pension 7.5 years after those that are only 3 years older. i.e. they wait
It is not fair to have a double delay which leads to people 3 years younger than others who had their pensions at 60, to wait 4.5 years longer. i.e. At 3 years younger, they get their pension 7.5 years after those that are only 3 years older. i.e. they wait
Why is this important?
Women born in 1953 have been hit twice. All people, including men, have had their pensionable age changed once and it may well change again.
These women do get their pension
- at the old rate, women born in 1953 will not get the increase standard rate
- have no chance to increase their pension by 10% p.a. if delay receipt to increase their pension (that option is now reduced to 5%.)
- we have paid NI contributions for more years than people who will benefit at the new rate.
This means that any woman born in the same month (but in 1950)
- received their pension at 60.5, who those born in that month of 1953 will start getting theirs at 64.9 years
- by delaying their pension to receive at 64.9 like me, they would either get about 44% more pension than me for their life or have 229 more weekly payments if we both died at the same age and received our pensions at the same age.
- The average life expectancy of someone 3 years old older than me is not a lot different from me.
The government are changing rules by stealth. Changing these rules more than once so they can approach this in a divide and conquer way as only those effected at each change might complain. Each time they change they revisit part of the age groups they have already changed and add a further age group.
If you aren't affected this time, you may be affected next time. When it happens to you, it doesn't mean that they won't revisit or change or delay again especially at a time close to when you thought you would retire.
These women do get their pension
- at the old rate, women born in 1953 will not get the increase standard rate
- have no chance to increase their pension by 10% p.a. if delay receipt to increase their pension (that option is now reduced to 5%.)
- we have paid NI contributions for more years than people who will benefit at the new rate.
This means that any woman born in the same month (but in 1950)
- received their pension at 60.5, who those born in that month of 1953 will start getting theirs at 64.9 years
- by delaying their pension to receive at 64.9 like me, they would either get about 44% more pension than me for their life or have 229 more weekly payments if we both died at the same age and received our pensions at the same age.
- The average life expectancy of someone 3 years old older than me is not a lot different from me.
The government are changing rules by stealth. Changing these rules more than once so they can approach this in a divide and conquer way as only those effected at each change might complain. Each time they change they revisit part of the age groups they have already changed and add a further age group.
If you aren't affected this time, you may be affected next time. When it happens to you, it doesn't mean that they won't revisit or change or delay again especially at a time close to when you thought you would retire.
