Campaign launched on women’s state pension age U-turn
A little noticed U-turn by the Coalition Government will mean that 4.9 million people will have to wait longer to get their pension – with 500,000 women aged 56-57 having to work more than an extra year, and 33,000 working for exactly two years longer.
Last May the Coalition Agreement assured people that it would:
“hold a review to set the date at which the state pension age start to rise to 66, although it would not be sooner than 2016 for men and 2020 for women.”
But a few weeks ago you could hear the tyres screech and smell burning tar when the government published new plans to accelerate the increase in the state pension age to 2018 for women, and then increase both men and women’s state pension ages to 66 by 2020. This is particularly bad news for women aged 56 or 57, giving them very little time to prepare or amend existing plans.
Bald statistics such as these often have very little impact on the public, which is why the TUC welcomes today’s campaign launch featuring Barbara’s story. Spearheaded by Labour’s Pensions’ Spokesperson Rachel Reeves MP, the campaign features an online petition which describes exactly who will lose out from this broken promise.
Almost 5 million people will be affected by the government’s new plans; in particular 500,000 women will now have to work for a year or longer, 33,000 will have to work for two years longer before they can claim their state pension.
Read Barbara’s story here and if you want to support her, sign the petition. The TUC Women’s Conference next month will be debating these unacceptable changes to our pensions.