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Flat rate new state pensions most extreme losers - petition

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f77ms Sun 12-Jun-16 23:39:32

I was one of the last to get my pension at 61 . I can tell you that it is very difficult living on a pension. I didn`t have full contributions due to ill health which began inmy 40`s . I only manage by very careful budgeting , bills come first then food . I don`t consider that I live in poverty but I think I fit the criteria as I get a small amount of pension credit . I feel very sorry for those that have to work until 67 and wonder if the age will keep increasing! It makes no sense when there are so many young people needing jobs to keep old people working.

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daphnedill Sun 12-Jun-16 23:22:31

Have signed.

By the age of 66, I will have 45 years of full contributions in my own name. It's a bit difficult to know exactly how much I'll receive, because so far I've had three estimates and don't have a matching pair. What I do know is that it will be considerably less than I was expecting and it's highly likely that some of the pensioner 'perks' will disappear too. I'm well and truly pi$$ed off about the last pension age increase by a year.

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Seeker Sun 12-Jun-16 15:41:13

AMEND FLAT RATE NEW STATE PENSION (PENSION BILL 2014) SO NO LOSERS - Please sign and share - you.38degrees.org.uk/petitions/amend-flat-rate-new-state-pension-pension-bill-2014-so-no-losers

TO: CHANCELLOR GEORGE OSBORNE AND STEPHEN CRABB MP AND WORKS AND PENSIONS SECRETARY

AMEND PENSION BILL 2014 SO NO-ONE LEFT WITH INCREASED POVERTY IN OLD AGE BY THAT FLAT RATE LAW FOR NEW PENSIONERS FROM APRIL 6, 2016

Use Statutory Instruments, only needing 28 days notices, to amend the flat rate law (Pension Bill 2014) so there are no losers, the most extreme of which are 100 per cent nil state pension for life.

1.End reducing the flat rate state pension amount by using the additional pension SERPs / S2P opt out and pay full flat rate of £155.65 per week to all new pensioners from April 6, 2016, who have the raised full National Insurance record of 35 years.

2.Continue paying partner state pension at 60 per cent rate for partner and 100 per cent rate for divorcee / widow inheriting from partner’s National Insurance history.
Tell people starting working life from Wednesday April 6 2016, that that system will cease in 35 years time.

3.Continue paying the Category D pension to people turning 80 this year, who do not have any other income. Tell people at age 40 that system will end by state pension age.

4.Pay full Guarantee Pension Credit to those below the raised minimum National Insurance minimum threshold to get any state pension at all, under the flat rate of 10 years National Insurance record.

Please could you share widely, as I'm a one person band and can only put this petition once on Gransnet.

There are other losers from the flat rate, but these are the most extreme with little or no state pension, to those also most likely to have no works pensions either from the minimal salary threshold still the case under the new Auto Enrolment works pensions system.

Also bearing in mind that the tens of millions of public sector pensioners got nil state pension rise this year and this could happen again in future years. This system of rises calculation could be inflicted on Tata Steel pensioners and to Bhs works pensioners.

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