Wednesday, March 3, 2021
  • Contact
Pension Changes
  • Government Policy
  • Pension Changes
  • Pension Information
  • Pension Rights
  • Retirement Pension
No Result
View All Result
Pension Changes
Home Pension Policy

State pensions and women | Gazette Series

July 26, 2020
in Pension Policy
State pensions and women | Wilts and Gloucestershire Standard
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

The trajectory for state pension policy, “Taking pensions early so the young can work”, Letters, July 24, is already in the opposite direction. Nearly four million women born in the 1950s have to wait to receive their state pension, the retirement date having been revised upwards from 60 or 66 or 67 depending on their birth dates. Individual circumstances vary but it would be viable to surmise the desperate income gap incurred (up to £48,000 of losses) cannot be made up by working extra hours, even supposing this generation of women could all find work, or made up from likely limited private pension income.

I personally have lost £38,000 in the almost five additional years I have had to wait before receipt of the state pension. I was forced back to work at the age of 58 on a part time basis. This worked until ill health at the age of 63 forced a break before a return working even shorter part time hours.

It is highly unlikely that women of this 60s age group can “make up the income gap” between the state pension they would have received and the nil sum they do receive before the revised state pension age comes into play. Unsurprisingly, this issue is subject to a Court of Appeal judgement imminently on the grounds of unfair discrimination and late notice of changes to pension rights for women.

Elizabeth Smith

Woodmancote

Glos

— to www.gazetteseries.co.uk

Related posts

Enfield Council slammed over £30m fossil fuel investments

Enfield Council slammed over £30m fossil fuel investments

March 2, 2021
What does the Budget have in store for the pension industry?

What does the Budget have in store for the pension industry?

March 1, 2021
Previous Post

WASPI latest – what state pension inequality campaigners want, and how likely it is they will get it

Next Post

Can I Collect Social Security Spousal Benefits On My Wife’s Record?

Next Post
Can I Collect Social Security Spousal Benefits On My Wife’s Record?

Can I Collect Social Security Spousal Benefits On My Wife's Record?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Ball Aerospace Conducts Critical Design Review for Space Force’s Next-Gen Operational Weather Satellite

Ball Aerospace Conducts Critical Design Review for Space Force’s Next-Gen Operational Weather Satellite

11 months ago
Thinking About a UK Rental Property? Here’s What UK Expats and Foreign Nationals Need to Know.

Thinking About a UK Rental Property? Here’s What UK Expats and Foreign Nationals Need to Know.

5 months ago
Sanwo-Olu approves N1bn pension payment to 368 retirees

Sanwo-Olu approves N1bn pension payment to 368 retirees

9 months ago
IFRS committee to forego project on DB periods of service attribution | News

IFRS committee to forego project on DB periods of service attribution | News

2 months ago

FOLLOW US

  • 81 Followers
  • 27.6k Followers

BROWSE BY CATEGORIES

  • Government Pension Policy
  • Pension Changes
  • Pension Information
  • Pension Policy
  • Pension Rights
  • Retirement Pension
  • Uncategorized

BROWSE BY TOPICS

2021 2021 Pensions bbc news CCP retirement check my state pension civil service pension reform Disabled pensions drawdown government policy examples uk how much is state pension lic pension plans Minutes of Meeting new state pension PAB Meeting Minutes PAB Minutes Pension age pension changes announced today pension issues pension meaning pension ombudsman pension plan pension reform definition Pensions Advisory Service Pensions Brexit pension scheme uk Pensions outlook retirement 2 million retirement pension sbi life saral pension plan calculator scams scheme funding Single mothers pensions State Pension State Pension age state pension changes state pension forecast State Pensions State triple lock the pensions regulator Therese Coffey uk pension age uk pension for eu citizens after brexit UK State Pension uk state pension age uk state pension calculator

POPULAR NEWS

  • Multiemployer pension reform not happening this year

    Multiemployer pension reform not happening this year

    5 shares
    Share 0 Tweet 0
  • Exit payment cap: Implications for the LGPS

    0 shares
    Share 0 Tweet 0
  • Public Service Pensions Update | October 2020

    0 shares
    Share 0 Tweet 0
  • What is the average UK retirement income?

    0 shares
    Share 0 Tweet 0
  • NEST: More than a pension | Country Report

    0 shares
    Share 0 Tweet 0

Follow us on social media:

Recent News

  • Budget round up from Brewin Dolphin Wealth Managers
  • Budget 2021 in review | TheBusinessDesk.com
  • Freeports, green recovery and levelling up: What North West business leaders want from Budget 2021

Category

  • Government Pension Policy
  • Pension Changes
  • Pension Information
  • Pension Policy
  • Pension Rights
  • Retirement Pension
  • Uncategorized

Recent News

Budget round up from Brewin Dolphin Wealth Managers

Budget round up from Brewin Dolphin Wealth Managers

March 3, 2021
Budget 2021 in review | TheBusinessDesk.com

Budget 2021 in review | TheBusinessDesk.com

March 3, 2021
  • About
  • Advertise
  • Careers
  • Contact

© 2020 Please contact us on partnership@pensionchanges.co.uk if you would like to reach our audience.

No Result
View All Result
  • Contact

© 2020 Please contact us on partnership@pensionchanges.co.uk if you would like to reach our audience.