Depends Posted December 2, 2011 Posted December 2, 2011 A lady born in 1950 can retire at the age of 60 and 1 month. She will also get her free bus pass then. A lady born in 1955 will not be able to retire until she is 66! She will not get her free bus pass until this time either! Why should a woman born in 1955 have to work all that extra time, paying tax and not getting a free bus pass, when a lady born 5 years earlier can reap tens of thousands in pension and saved bus fares in that time. If you want to know when you can retire google "State pension age calculator" Enter your DOB and sex and it will calculate it for you.
mollie Posted December 2, 2011 Posted December 2, 2011 did you know you miss out on free presriptions too? that has been put back to your pension age.
Mecky Posted December 2, 2011 Posted December 2, 2011 Some people would argue that you've got to draw the line somewhere
Depends Posted December 2, 2011 Author Posted December 2, 2011 Some people would argue that you've got to draw the line somewhere Then they damn well draw it somewhere else. They are taking far too much from women born at the wrong end of just a 5 years period.
Depends Posted December 2, 2011 Author Posted December 2, 2011 did you know you miss out on free presriptions too? that has been put back to your pension age. No. I did not know that. THAT TOTALLY STINKS!
chem1st Posted December 2, 2011 Posted December 2, 2011 did you know you miss out on free presriptions too? that has been put back to your pension age. And also men. Labour had effectively reduced the male retirement age to 60 (as men could claim the free bus pass, pension credit etc. at the age women retired). In the past 2 years, my retirement age has increased by 8 years, although there are proposals for the retirement age to be pushed even higher for my generation... (Some say to up it to 72) Taking this into account I shall never pay into a pension. I will put money aside privately instead.
Depends Posted December 2, 2011 Author Posted December 2, 2011 And also men. Labour had effectively reduced the male retirement age to 60 (as men could claim the free bus pass, pension credit etc. at the age women retired). In the past 2 years, my retirement age has increased by 8 years, although there are proposals for the retirement age to be pushed even higher for my generation... (Some say to up it to 72) Taking this into account I shall never pay into a pension. I will put money aside privately instead. That is a massive increase over a very short period. I do not trust anyone with my pension either. Some government or other, or some banker would only plunder it anyhow.
Resident Posted December 2, 2011 Posted December 2, 2011 Some people would argue that you've got to draw the line somewhere Exactly. 5 years is a big gap. People fail to realise that the state pension system was setup decades ago when life expectancy was a lot lower than it is today. Couple that with the post-war baby boom which means we have a lot more elderly people, living longer than the system was designed to cope with. In 1950 average life expectancy was: Men - 65 Women - 71 In 2010 those figures were: Men - 76 Women - 81 The system just cannot be left to operate on the 1950 figures, there just isn't the money available. My mother was born in 55 and she even appreciates this fact. At a guess the OP was also and should be grown up enough to understand rather than stomping her feet like a child in a tantrum.
xfox3x Posted December 2, 2011 Posted December 2, 2011 It infuriates me. My retirement age was going to be 64 and 11 months. Now according to this site it's increased to 65 and 7 months! I've been a nurse since Oct 72 and now, at the age of 57 I am finding it back-breaking work...god knows how I'll manage in another 5 or 6 years. They should be looking to people retiring earlier and getting some of the young ones with no employment prospects into jobs and force some of the professional dole-ites to earn their crust as I'm fed up of earning it for them. Dear Mr Cameron..... Gizza break - I'm bloody knackered xx
xfox3x Posted December 2, 2011 Posted December 2, 2011 Exactly. 5 years is a big gap. People fail to realise that the state pension system was setup decades ago when life expectancy was a lot lower than it is today. Couple that with the post-war baby boom which means we have a lot more elderly people, living longer than the system was designed to cope with. In 1950 average life expectancy was: Men - 65 Women - 71 In 2010 those figures were: Men - 76 Women - 81 The system just cannot be left to operate on the 1950 figures, there just isn't the money available. My mother was born in 55 and she even appreciates this fact. At a guess the OP was also and should be grown up enough to understand rather than stomping her feet like a child in a tantrum. Just because we (some) are living longer doesn't mean that we are ageing at a different rate! A 50 year old body is a 50 year old body. Medical advances have just made it that people who would have possibly died from say heart failure, will have an extra 10-20 years after a pacemaker. If your mum was born in 55 I assume you are in your 30s.....I remember feeling invincible then too!
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