Waspi women

the rich do pay considerable taxes already

With considerable wealth why wouldn't they? Percentage-wise someone at the bottom of the earnings table pays more I believe.

You must have a lot to protect LG. You constantly rant about loosing a little of it.

Were did the £1 = £28 come from by the way. Your copy of the DM?

How do we pay for it? I don't begrudge the women the money but will it mean fewer doctors and nurses, less housing, less everything?

That's not quite true grabba. The state pension is paid out in real time from the big melting pot called the Treasury. The government doesn't ring fence money for pensions. It's also a fallacy that NICs pay for pensions. The correlation between what people pay in tax/NICs during their lifetime and what they eventually receive in pension/pension credits is very weak.

Yes! Golden Age you are a woman after my own heart. It seems to me that large swaths of the generation that got the most out of universal health, education, etc., is quite happy to snatch it away from our children and grandchildren.

If only the rich paid more taxes blah blah.... the rich do pay considerable taxes already, but even if they did pay a bit more that would not fund all the pie in the sky promises given by the LP.It would need raised taxes by all but the very lowest tax payers.
For every £1 the Conservatives are pledging the LP is promising £28 ! Think of that......really really think of it.
It’s crazy.

Well said @GoldenAge!

And the Tory children are on this thread too.

Surely people want facts in order to decide what is the best way for them to vote. Or not I suppose .

What do you think the baker does with the money (s)he receives for the loaf of bread? It doesn't just disappear. The baker pays tax on the profit and spends some of it at the butcher's. The butcher pays some on the profit and spends some of it at the candlestick maker …..

The majority of any money the government creates returns to the Treasury. The issue is that people have been able to access it and buy the things they need/want.

There was no need to raise the pension age as they did, they could have equalised at 62/63 instead of raising everyone's.

If the EU was the reason the Pension age had to be raised can we look forward to another change when we come out of the EU?

My Pension has been paid for by the generation before me just as I am contributing toward the next generations pension.

I don't believe it would happen. There is just not enough available money to fund all his promises.

So economists used to how a country is run (not into the ground as the Tories do, hopefully), don't know as much as you do MrsHappy?

Labour have said consistently that they would compensate Waspi women and they will. Boris on the other hand was categorical in saying on Friday that there was no money for it. But like all the austerity measures for 8 out of the last 10 years its been a political ideological choice of the Government and not an economical necessity. Billions have been found for brexit preparations, millions for the DUP and failed projects. Its all a matter of political will. Don't be duped into thinking otherwise.

Really disappointed at some of the utterly disparaging remarks on this thread about Labour making social care promises that there's no thought about how to pay for - every single woman on here must at some point in their lives have used the NHS - who helped you birth your babies ladies, who looked after the kids when they broke their limbs, and who provided a schooling programme that included a third of a pint of milk every day for all the kids in the population - not the Tories. For heaven's sake, wake up to the fact that there's plenty of money for social and welfare reforms if only the rich paid more taxes - bankers and other CEO-types for example who regularly get bonuses of two to three million pounds a year - this is disgraceful and what does anybody want with all that money - at the end of the day people only have one body, they can only drive one car at a time - we need a better system of sharing and once that's in place we can definitely afford to pay Waspi women (and I'm not one - I was lucky).

Oooh yes, anyone for printing money like it’s going out of fashion?
Here’s £200 , buy me a loaf of bread please!

Yes, there is MrsHappy and lemongrove, but it depends how the government of the day wants to distribute money.

Maureen The article I read suggested it would be about a £100 for every week you've missed out.

The reason I'm saying that is because the article suggested that women born in April 1955 would receive the maximum (£31,200), which works out at £100 for every week over 60. I could be wrong and I don't know how much the person writing the article really knows.

PS. I was born in April 1955, so I did take notice.

Thank you for that, dayvidg. But this analysis puts a rather different view on the role of the EU in raising pension ages

Their conclusion (but do read the rest):

If we look at the wider socio-economic context, it is worth noting that the gender pay gap in old age is twice as large as the pay gap between men and women in the labour market. This in turn means that women are at higher risk of poverty in old age. Of course, EU provisions have influenced UK social security legislation, ensuring equal treatment in both statutory and occupational schemes. However, the rise in the pensionable age should be seen chiefly as a consideration of national financial policy rather than the consequence of EU regulation.

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

Exactly MrsHappy ????

I don't believe it would happen. There is just not enough available money to fund all his promises.

How do you work that out AlfiesGM? I was born in April 1955 and I'm one of the first who has to wait until 66. People born in the first half of 1954 will still be 65 and some months.

I was born in 1953 . I knew I would be getting my pension at age 62 1/2 but after hearing nothing I checked online and lo and behold it had been changed to 63 1/2 without any notification from the government. I’m lucky really, a lot of my friends even 6 months younger than me have wait until they are 66 . The whole thing is a shambles ?

I am a WASPI I would like to how much we would be offered as compensation ... born 1954

Welcomed !! at last. I think its the best we can hope for, and it will be staggered so I wont get very much at all being a 1958 woman, but i think theyve done more than expected to be fair. I am gutted, but it is what it is, and frankly its doing more harm to be taking up head space emotionally, I am about done with this for my own well being. If something happens after the Tories who are leading in the polls get in, then fine, I would move abroad if I could afford to to avoid more tory rule.

the whole thing sticks. But BRAVO JC and Team for trying much appreciated. YOU have my vote and hopefully another 3.8 million women's votes also.

The most misleading statements being made are by the Tories. If bankruptcy is a consequence of uncontrolled debts, then the Tories and the tory/lib governments have brought such bankruptcy event closer than any labour government has as they have each year increased the national debt taking it to new dizzier hights. However the risks of bankruptcy are not real, they do make good propaganda in the hands of politicians unfamiliar with the truth and the gutter press.

How can the Tories convince so many that they are good managers and are fiscally responsible? By borrowing at faster rates, moving the costs of what they do to future generations, not to acquire assets but to pay enormous tax cuts for the haves. At long last labour it seems has found the Tory money tree, it's called increased borrowing, but they propose to buy assets with the proceeds, with the exception of dealing with the WASPI issue. Buying assets with borrowings is less responsible than giving extra monies to the richest, Really...... Don't be fooled that's exactly the line the electorate has bought 2/3 of the time since 1951 don't you also be fooled

grannyrebel7 at the last election Jeremy Corbyn promised to halt tuition fees and clear student debt, yet after the election he admitted on TV that they wouldnt have been able to afford it even though they claimed at the time that everything in their manifesto was fully costed, I also wonder why, if he is serious about the WASPI women why this isnt in their manifesto and also how on earth they can afford it all without wrecking the country

1995 - women's state pension age to be equalised
Following pressure from Europe, the Conservative Government was forced to announce plans to equalise state pension age for men and women. The timetable was the most relaxed possible and would raise pension age for women to 65 slowly from April 2010 to April 2020.

2007 - further rises in pension age to 66, 67, and then 68 introduced
The Labour Government passed a new law to raise state pension age to 66 between April 2024 and April 2026, then to 67 between April 2034 and April 2036 and to 68 between April 2044 and April 2046.
October 2010 - revised changes
The commitment in the Coalition Agreement fell foul of EU equality laws which allowed the government to equalise state pension ages as late as April 2020 but would not allow further discrimination between men and women during that process. So in the Spending Review of October 2010 the plans were revised. Women's state pension age would now be raised more quickly to reach 65 in 2018 and then both men and women's pension age would rise to 66 by 2020. Critics pointed out that plan breached the Coalition Agreement promise of 'no sooner than...2020 for women'.

www.web40571.clarahost.co.uk/statepensionage/SPA_history.htm