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Bloody pensions

19 replies

Whingey · 01/06/2021 16:38

After decades of 60 being pension age I was asked at 66 to apply online and eventually got a text. They are looking into it. Nothing doing. Gone online and women now get pension at 68!taking the piss

OP posts:
Singlenotsingle · 01/06/2021 16:40

Really? I thought it was still 66?

AuntieMarys · 01/06/2021 16:44

Depends how old you are. I'm 61 and get it at 66

Etulosba · 01/06/2021 16:46

I'm 59 and I get it at 67.

I'm not sure how old you have to be to get it at 68.

Interested in this thread?

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titchy · 01/06/2021 16:47

It depends on your age. But the retirement age of 60 for women was increased over 10 years ago! It's hardly new!

And it's only 68 if you were born later than 1977.

soupey1 · 01/06/2021 16:48

I am 56 (almost 57) and I get it at 67.

UseOfWeapons · 01/06/2021 17:07

55, and was told it would be 67.

HuntingoftheSnark · 01/06/2021 18:07

I'm 51 and my pension age is 67. You can check it : www.gov.uk/check-state-pension

YogaLite · 01/06/2021 18:14

It's another trick for the government to save on paying pensions later and for shorter.

And this will probably drag on for years so fewer will benefit:

www.google.com/amp/s/www.express.co.uk/finance/personalfinance/1443415/retirement-age-early-state-pension-savings-Boris-Johnson-DWP-UK-2021/amp

Atalantea · 01/06/2021 18:19

[quote YogaLite]It's another trick for the government to save on paying pensions later and for shorter.

And this will probably drag on for years so fewer will benefit:

www.google.com/amp/s/www.express.co.uk/finance/personalfinance/1443415/retirement-age-early-state-pension-savings-Boris-Johnson-DWP-UK-2021/amp[/quote]
The country cannot afford to pay pensions out at 60, or 65 people are living a lot longer

The first state pension in the UK was the Old Age Pension. The law was passed in August 1908 and the first pensions paid on 1 January 1909 to around 500,000 people aged 70 or more. ... At the time only one in four people reached the age of 70 and life expectancy at that age was about 9 years.

In April 2011 the Government began a consultation on how it should bring forward the change in state pension age to 67 and then 68. That consultation closed on 24 June 2011.

29 November 2011
On 29 November 2011 in the Autumn Statement the Chancellor George Osborne announced that the rise in the State Pension Age to 67 would be brought forward to April 2026 to April 2028 instead of April 2034 to April 2036.

Further changes
Under the Pensions Act 2007 the state pension age will rise to 68 between April 2044 and April 2046. That date will be brought forward.

www.web40571.clarahost.co.uk/statepensionage/SPA_history.htm

ratspeaker · 01/06/2021 19:24

Its curently 66 according to www.gov.uk/state-pension-age

If you are 66 now you should be getting it, double check theyve got the right national insurance number and date of birth for you

ratspeaker · 01/06/2021 19:26

Im assuming you mean state pension
My NHS pension will currently pay out at 60 but thats changing

YogaLite · 01/06/2021 22:38

For anyone close to retirement - please sign the petition mentioned in the article linked earlier:

petition.parliament.uk/petitions/565303

caringcarer · 01/06/2021 23:23

I will be 60 in August and my government retirement age is 67. I have planned for it over last 10 years. I have payed £400 pcm I to a stakeholder so I could still retire at 60 by drawing down £8k each year from stakeholder to add to £8.4k I will get from my Teachers pension and that still starts at 60. I can see why many women hot caught out though. My Dad always told me what to do about pension. He is gone now but I am grateful he was do organised for me.

MinnieMountain · 02/06/2021 06:55

The state pension was not designed to fund a long period of active old age.

You do realise that it’s what future workers pay in that funds your state pension, not what you have paid?

Although I agree that the sudden change in retirement age was badly handled.

Billandben444 · 02/06/2021 07:40

Yes, the announcements were badly handled and for those of us who retired 6 or 7 years ago, we didn't get as much warning that we'd have to wait 2 years for a pension. You will at least be entitled to the 'new' pension (currently £179.60) whereas we're stuck on the 'old' amount of £137.60. The change in age was announced in 2014 and came into force in 2016 when the new rate applied so you've had plenty of time to prepare for this. In my last couple of years working, I saved enough to live on for those 2 lost years of pension and deferred it to get an increased rate - it's never too early to plan what you're going to live on in retirement and what your employment prospects look like for those extra years.

C0nstance · 02/06/2021 07:43

For me it will be 67.

I have a civil service job so i probably wont be let go for being old but for most people that's the reality. You're let go for not being a good fit decades before state pension.

cptartapp · 02/06/2021 07:56

I have special class status so can get almost 30 years worth of my NHS pension and a lump sum at 55 penalty free. The rest will be paid at 67 along with my state pension.

Whingey · 02/06/2021 09:55

Panic over. Am getting pension. Marked urgent and will phone me in 2 days

OP posts:
MrsExpo · 02/06/2021 10:13

I'm now 67 and got my state pension when I was 65 and 4 months old, having worked my entire life expecting to get it at 60!! I found out when I was 58 that this would be happening ... far too late for me to make significant changes to my working life, different career choices etc. I am one of the many women of my age who fell into the pension "hole" when it was changed.

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