News on 1950s women’s Pension

[Immaculatemisconception]

Women's state pension: Compensation closer for Waspi campaigners www.bbc.co.uk/news/business-57900320

Do you actually believe that by helping your own children you are carrying out a selfless act to the benefit of the entire generation of women younger than you? Really?

You ought to educate yourself, then you'd be entitled to an opinion on this.

You, earlier in the thread. Aimed at a different poster, but you’re rather living in a glass house if you’re going to start complaining about ‘name calling’, eh?

you'd be much more compassionate if you educated yourself

Ditto

Oh dear, I’m helping 3 families, my tiny bit of support in the big scheme of things.
I’d be so embarrassed if my adult children were as harsh as you appear to be in your comments!

I have accepted my retirement age. I accepted it when I found out it had increased. I wasn’t particularly happy but I accepted it and got on with making new improved financial plans.
I help my adult children as much as I can as my parents helped me as much as they could. As will my children will help their children in whatever is appropriate in the future.
I’m hoping this is clear and that you can’t find anything in this post to be “ unsympathetic” about!

@Immaculatemisconception, me too!

@Immaculatemisconception
the DWP did fail to adequately inform 3.8 million 1950s born women that their state pension age would be increasing

No, they didn't. If they had we wouldn't have known about it

[quote ufucoffee]@Immaculatemisconception
the DWP did fail to adequately inform 3.8 million 1950s born women that their state pension age would be increasing

No, they didn't. If they had we wouldn't have known about it [/quote]
It's not me saying it, it's the Ombudsman. Take it up with him.

[quote MythsandSparkles]@echt who do you think is paying for this mythical compensation?

People’s pension contributions aren’t put into a nice little bank account marked for your personal use the second you hit retirement.

It’s people (women) who are working now that will pay for this compensation if any is provided, in the same way that it’s people who are currently working that are paying the pensions of those retired.

There isn’t a big enough pool of people paying in to support everyone who wants to take out - levelling up men’s and women’s retirement age saved a bloody fortune in pension payments - a fortune that would otherwise have had to come from increased tax on those working.

I do think this attitude contributes to so many people feeling hard done by at the delays - like the government has held onto their particular pot of money.

Maybe we shouldn’t call it pension contributions, we should just tax people more instead of taking pension contributions and call it a rebate once you hit a certain age.[/quote]
If it's mythical why are you concerned?

People pay for pensions, not women.

Maybe we shouldn’t call it pension contributions, we should just tax people more instead of taking pension contributions and call it a rebate once you hit a certain age

Well duh.

[quote devuskums]**@korawick12345* @OceanTurtles* I am guessing, maybe wrongly, that you are both not eligible for state pension just yet. Let's just hope when you are eligable the government doesn't just add a few more years of working just before you are supposed to retire. If the government get away with it for the women born in the 50s, they are far more likely to think they can get away with it for you too.[/quote]
Like I said I am assuming that there won’t be a state pension as we currently know it so a few more years added on is the absolute least I am expecting

@Knittingnanny

You sound very bitter. I’m doing my bit to help your generation by providing free childcare ( very willingly) for my grandchildren so that my adult children/step children can work full time.

Seriously- you are helping your own daughter out, that benefits me not one iota! It’s not helping a generation it’s helping your family 😂

@Immaculatemisconception

I'm outnumbered by women who are after money lying about it

@korawick12345 I know! I was just trying to be lighthearted! I know I can’t help everyone, just using it as an example that I’m not just “taking” but “ giving” a bit as well if you see what I mean.

@Iamthewombat

*"Don't give me the sisterhood and solidarity nonsense"
*
WOW! Aren't you a piece of work! 🙄

I was born in 1960 so have no skin in the game but I do remember the policy to equalise men's and women's pension ages.

It was in the news.

For years and years and years.
Many options were put forward - including at time of high unemployment, putting men's retirement age down to 60.

But nothing ever happened.

So I don't blame women for thinking that it (whatever IT was) might never happen. The moment that the decision was made to raise women's pension age to 65 and the subsequent acceleration of pension age changes, then those affected should have been informed by letter. Unaccountably it took over a year for that to happen. But be very clear, it was already too late for these women to make up the shortfall by then.

These women just want equity and it's very sad that some people on here don't get that.

But be very clear, it was already too late for these women to make up the shortfall by then

But most of those women wouldn’t have been in a position to make up any “shortfall” anyway. What would they have done? Nobody ever says what the WASPI women would have done differently if they had received personalised letters. I think they’d have just had to keep on working like everyone else whose pension age has increased

@Iamthewombat

You ought to educate yourself, then you'd be entitled to an opinion on this.

You, earlier in the thread. Aimed at a different poster, but you’re rather living in a glass house if you’re going to start complaining about ‘name calling’, eh?

you'd be much more compassionate if you educated yourself

Ditto

I absolutely stand by both those comments. Some of the rubbish posted on this thread is astonishing.

Hardly name calling, just the truth.

If you want name calling, I'll agree with another poster and say yes, wow, you are a piece of work.

Yeah I suspect more "misterhood" than sisterhood going on.

There seems to be a lack of awareness from this campaign that the money would have to come from somewhere and that would be from younger people rather than a mythical money tree.
When state pensions began a significant number of people died before pension age and many more died within not many years whereas my mother is now in her 31st year of receiving a pension. There had to be some adjustment to reflect life expectancy and, despite being a similar age to these women I think it is nothing but greed to expect younger folk to fund this

@IvorHughJarrs there is no lack of awareness. The WASPI women know the compensation they want will have to come from somewhere. But they only care about themselves. I'm embarrassed to be the same generation.

[quote ufucoffee]@IvorHughJarrs there is no lack of awareness. The WASPI women know the compensation they want will have to come from somewhere. But they only care about themselves. I'm embarrassed to be the same generation. [/quote]
All compensation comes from somewhere. You think the WASPI women don't know that?

OK, so they know that younger generations of women would have to pay the compensation they are asking for, which would run to many billions, but they are still presenting it as a campaign of sisterhood and solidarity?

And anyone who points out this hypocrisy is a ‘piece of work’?

It doesn’t present the WASPI campaigners as people capable of logical and reasoned debate, does it?

You’ve thrown the kitchen sink at the pro-WASPI argument, even resorting to insults and claims that you have somehow paid back the entire younger generation of women by, er, occasionally looking after your own grandchildren. That will be great comfort to the women who will have to work until they are 68, or even longer in the unlikely event that your misconceived quest for compensation succeeds.

There seems to be a lack of awareness from this campaign that the money would have to come from somewhere and that would be from younger people rather than a mythical money tree

When National Insurance was set up, it was always the case that younger supported older. But it’s cyclical, young people will support you when you’re older. That’s how it’s meant to work.

We won’t be asking younger people to fund exceptional pension compensation. That is the difference. The cost of the compensation the WASPI women are asking for has been estimated at between £30 Bn and £215 Bn, the latter if they were to get what they really want, which is to have their pensions backdated to 60 rather than their previous state pension date under the 1995 and 2007 acts.

You are asking younger people to meet that cost on your behalf as a special one off, and claiming that they should be happy to do so because of female solidarity. Come off it.

Iamthewombat

We won’t be asking younger people to fund exceptional pension compensation

You don’t know that. Anything could happen and you could end up grateful that there is a precedent in place.