WASPIs' Ten Thousand payment

I don't know maddyone. We live in hope.

Callistemon I'll wait to see if TwiceAsNice comes back to explain how her pension is made up because on the face of it she is receiving a almost the same amount as the minimum new state pension. I just used it as an illustration.

I don't understand that at all, TinSoldier.

The basic old SP from April 2024 will be the amount you state but that is only if a woman has 39 contributory years to age 60 and a man 42 contributory years.

Very many women did not manage to achieve 39 years of contributions so receive nowhere near the full amount. Some paid in for many years but not enough to receive a pension at all.
You need to have at least 30 years of NI contributions or credits to receive the full amount. If you’re a woman born before 6 April 1950 or a man born before 6 April 1945, you may need more years of NI contributions. If this applies to you, seek specialist advice.

The number of years required for a full pension decreased to 35, I think. Even a contribution of 10 years means a part pension will be paid.
You will get a part of the new State Pension if you have between 10 and 35 qualifying years.

Every time changes are made, it seems that some people are disadvantaged.

Will a new Labour government give WASPI women this compensation does anyone think?

Can I jump in here though and use TwiceAsNice as an example.

She says she is on the lower rate which I take to mean the basic state pension not the new state pension.

She says her pension from 6 April 2024 will be £210.97.

The basic pension for women born before 6 April 1953 will be £169.50 from 6 April 2024 so that sounds like TaN has £41.47 Additional State Pension from graduated contributions and SERPS/SPS that were not contracted out.

If that’s correct then it’s a good example to compare with the new state pension.

The new state pension from 6 April 2024 is £221.20 so TaN is only £10.23 short of that and is saying that she had some years as a SAHM.

In other words, maybe if she had some more contribution years or had earned and paid a bit more in grad/SERPS/SPS she might be receiving the equivalent of the new state pension.

It’s all explained here:

www.ageuk.org.uk/globalassets/age-uk/documents/factsheets/fs19_state_pension_fcs.pdf

Maybe TaN can come back and clarify in case I am barking up the wrong tree.

This is all going a bit off topic as the OP is about the 10-minute motion to try to get compensation for the way equalisation of the pension age was so badly handled.

No, I don't think it will happen either even though the number of Tory MPs stepping back at the election plus the three who are currently without the whip and sitting as Independents (61 altogether) exceeds the current Tory majority. If they want to give Labour even more of a headache than they are already leaving them with, they could vote this through.

HousePlantQueen

biglouis

If it is deemed that the minimum pension a person should receive is £203.85 per week, then every pensioner should receive that amount

Lets not forget the people like myself on the "old" pension who saved rather than pi****g their money up the wall. Because we now get a modest occupational pension we dont qualify for the so called pension credit which rewards people for not saving and gives them a gateway to all kinds of other benefits.

As for what the tax payer can afford, there is always money down the back of the sofa for sending off to foreign wars or housing invading scroungers in 4 star luxury.

Oh dear BigLouis, you sound as if you are having a bad day. And it is everyone else's fault. Fancy being so unhappy that you resent poorer pensioners getting a few pounds a week. I will leave the Waspi women, who presumably didn't pi** their money up the wall, to explain to you just why they have a lower pension than you.

I can see where biglouis is coming from.

Sometimes it's a case of just being a pound or two over the limit to receive any extra help. Two of my relatives found that they were just over the limit with state and a very small occupational pensions, yet their neighbours boasted about how much they received - and certainly their spending proved they were very comfortable indeed with all the added benefits.
Unless, of course, they had a secret stash hidden down the back of the sofa.

Germanshepherdsmum

A damned sight more than the old pension!

Indeed.
My state pension is £156.20 because of my birth date. No other reason. As I pointed out upthread, those of us born before 06/04/53 can never recoup the lost income. We are on the lower amount for the rest of our lives, and as percentage increases are awarded, the gap between us and those on the new pension will increase. The government didn’t pay us our pensions at 60 years of age, but made us wait until we were 63, but did not put us on the new, bigger pension.
I’m lucky because I have my professional pension, but others are not so fortunate.
The government have deprived me and others of £24,000 which can never be recovered.

A damned sight more than the old pension!

Primrose 53 yes I get the lower rate even though at one point my accountant arranged for me to pay extra to help fill the gap I stayed at home bringing up children , before then I’d been working since I was 16.

I’ve just received my letter saying what my April increase will be ( I’ll get it May 1st) it will be £201.97, still not the £203 people have mentioned.

biglouis

*If it is deemed that the minimum pension a person should receive is £203.85 per week, then every pensioner should receive that amount*

Lets not forget the people like myself on the "old" pension who saved rather than pi****g their money up the wall. Because we now get a modest occupational pension we dont qualify for the so called pension credit which rewards people for not saving and gives them a gateway to all kinds of other benefits.

As for what the tax payer can afford, there is always money down the back of the sofa for sending off to foreign wars or housing invading scroungers in 4 star luxury.

Oh dear BigLouis, you sound as if you are having a bad day. And it is everyone else's fault. Fancy being so unhappy that you resent poorer pensioners getting a few pounds a week. I will leave the Waspi women, who presumably didn't pi** their money up the wall, to explain to you just why they have a lower pension than you.

As I've mentioned previously on other threads, I worked longer years to try and improve pension and savings but had to reduce full time hours for part time on health grounds...so I've paid over and above the 39 yrs in fact 49 years of NI ,to get the full pension at 66...whichever way you view this, women born before 1950/53 and 1959, -we're all owed thousands and yet its still with Government ..another travesty but I would like the Ten Grand (am dreaming)

Primrose53

TwiceAsNice

I got my state pension at63

Assuming you get the lower rate then?

I got mine at 63 as well and yes, the lower rate

upgraded my monthly amount ‘to compensate’ but it will take me till I’m 85y if I live that long, to claw that huge amount back

As I’m on the old state pension, but only started to receive it as I reached my 63rd birthday, at today’s value I have lost approximately £24,000 during those three years, but it doesn’t matter how long I live, I can never claw back the lost £24,000. It has been taken by government with absolutely no compensation whatsoever.

the second change for those born after 6/4/53 was not well published

I am affected by the second change, and I was not notified of that second change, and I was born 18/3/53, so it was not only those born on or after 6/4/53 who were affected.

TwiceAsNice

I got my state pension at63

Assuming you get the lower rate then?

I got my state pension at63

I missed out by 3 months, my birthday was July. I never received any letters about it . Don’t hold your breath about £10000 no government is going to pay that

Chardy

Urmstongran

I won’t be holding my breath. The government (thanks Nick Clegg, not just the students you shafted) swindled me out of £40k by making me wait till I was 66y+ before handing me a state pension.

Yes, you upgraded my monthly amount ‘to compensate’ but it will take me till I’m 85y if I live that long, to claw that huge amount back.

It stung.

By the law of averages the government will be quids in.

Their numbers never did add up.

All who retired before April 2016 (which includes 00,000s of 50s women) do not get the new state pension, but had to wait for 2.5 or 3years.

Regarding Clegg (whose sycophantic behaviour reduced the LibDems from 60MPs to 8), without him Osborne could not have promoted the 2nd SPA change

An interesting read:

blogs.lse.ac.uk/brexit/2016/06/16/what-part-did-the-eu-play-in-raising-womens-pensionable-age/

paddyann54

No letters here ,I'm not stupid if I'd had letters they would be in the file.I have other documents going back decades but nothing from DWP

No letters here either! I doubt any of us that are eligible will receive the proposed compensation........we will all be long gone.
Many occupational pensions go through changes too and often operate 'amended schemes', NHS being one of them, but understand this.........no changes ever benefit the employee!

Urmstongran

I won’t be holding my breath. The government (thanks Nick Clegg, not just the students you shafted) swindled me out of £40k by making me wait till I was 66y+ before handing me a state pension.

Yes, you upgraded my monthly amount ‘to compensate’ but it will take me till I’m 85y if I live that long, to claw that huge amount back.

It stung.

By the law of averages the government will be quids in.

Their numbers never did add up.

All who retired before April 2016 (which includes 00,000s of 50s women) do not get the new state pension, but had to wait for 2.5 or 3years.

Regarding Clegg (whose sycophantic behaviour reduced the LibDems from 60MPs to 8), without him Osborne could not have promoted the 2nd SPA change

Germanshepherdsmum

How women could have been unaware is beyond me.

Yes we knew that SPA was going up, but individual women did not know how it would affect them personally. Then Osborne & Cameron concertina'ed the changes, thus creating more confusion.

There was a huge amount of publicity several years before and news discussions. I got no letters, but I can certainly remember newspaper articles and campaigns.
However, this was for the gradual rise from 60 to 65. I checked, as everyone over 55 is advised to do, and found a 2 year rise. So I am a little scathing about those who said they did not know.
Having said that, the 2nd change for those born after 6/4/53, was NOT well publicised at all and the more recent changes for both men and women are very confusing. Both have happened too late for those affected to do anything about it.

What is equally concerning is the slide in of the charging of NI to those still working over 60.

AND even more concerning is that fact that pension rises are %, so that women are more adversely affected, along with anyone retiring under the old rules (which basic pension is lower than the new one)

I am also concerned that we are moving away from a community minded attitude of a basic income for everyone, to a more selfish personal pension, where only those who have good enough jobs ALL through their working life will have enough to live on. I see a point at which the state pension will be so eroded as to be worthless and the future will see vast numbers of pensioners on charity handouts or even homeless like in the US

True enough, I don't believe we will EVER see a penny of compensation. Various administrations have insisted that they notified us (no they didn't), persistently kicked the issue down the road, told us that compensation is not applicable and if it were then they haven't got the money and - best of all - they expect us to believe that jacking up the pension age by six years is sincerely in the name of gender equality.
This is the only time in my life I've known a government to act so fast and so vigorously in the pursuit of equalling up the sexes.......that's their story and doubtless they'll stick to it through thick and thin.

If it is deemed that the minimum pension a person should receive is £203.85 per week, then every pensioner should receive that amount

Lets not forget the people like myself on the "old" pension who saved rather than pi****g their money up the wall. Because we now get a modest occupational pension we dont qualify for the so called pension credit which rewards people for not saving and gives them a gateway to all kinds of other benefits.

As for what the tax payer can afford, there is always money down the back of the sofa for sending off to foreign wars or housing invading scroungers in 4 star luxury.

I'm not expecting anything either.

flappergirl

This is a lost cause. Anyone who thinks they're getting £10,000 (or anything at all) will be sadly disappointed. I'm actually one of them.

Yes this, I am also a Waspi as said upthread, I think I will wait for the apology. Then rip it up. I suffered no financial distress, just worked 6 years longer, with a health condition. Oh well onwards and upwards.