Property News · January 4, 2016

100,000 back call to compensate women caught out by state pension rise


Government changes meant some women were told they would have to work another 18 months to qualify less than two years before their retirement dateA petition to compensate women born in the 1950s who are facing a higher state pension age than they expected has gathered more than 100,000 signatures on the parliamentary website.The government announced changes to the state pension in 1995, designed to bring the qualifying age for women in line with that for men by 2020. This increase, from 60 to 65, was accelerated in the 2011 Pensions Act, so that the women’s retirement age was 65 by 2018, and a new pension age of 66 by October 2020 was set. Continue reading…

Source : theguardian.com
Read more…100,000 back call to compensate women caught out by state pension rise

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