The Front Page. - Copy 184 - LABOUR on Pensions.Women Lose Out!
24 June 2011
Yes indeed Mr Cameron has swivelled continuously in recent times, u-turning on this policy and that, but will he do a U-Turn on pensions...or at least consider a rethink. Read the latest press release below from LABOUR and see how the pension anomalies affect the women of Dover..
press release
The Government’s plans to accelerate the state pension age increases mean 1,200 women in the Dover and Deal constituency will have to wait for more than a year longer before they can get their state pension. Across the country the plans have left women aged 56 and 57 feeling robbed.
300,000 women nationwide born between 6 December 1953 and 5 October 1954, will have to wait an extra 18 months, and an unlucky 33,000 will have to wait an extra 2 years, before being entitled to their state pension. About 1,200 of these are in Dover and Deal constituency.
The majority of these women will already be well underway in their plans for retirement, with many already working reduced hours in order to care for grandchildren or elderly parents. Yet they are now being forced to make significant changes to their financial plans, with just 5 years notice before the changes kick in.
Those unlucky enough to have been born between 6 March 1954 and 5 April 1954 are set to lose around £10,000 in state pension entitlements, with less than 7 years to attempt to accommodate the change.
Labour’s spokeswoman on Dover District Council, Cllr Pam Brivio, says: “The Government’s plans to increase the state pension age disproportionately affects women, and 1,200 women in Dover are being made to wait up to two years longer for their state pension. Many of these are women who have juggled working lives with raising a family, and who have very limited retirement savings to fall back on. The lack of warning of these changes means they do not have enough time to arrange proper retirement plans.”
Labour’s Shadow Pensions Minister, Rachel Reeves MP, says:
“Despite the Coalition Agreement stating that they would not raise the state pension age for women before 2020, the government have taken another ‘u-turn’ on their policy and I will be fighting these changes every step of the way.”
Cameron Grapples for Reverse Gear!
in the teeth of the gale coming from the Labour frontbench.Yes indeed Mr Cameron has swivelled continuously in recent times, u-turning on this policy and that, but will he do a U-Turn on pensions...or at least consider a rethink. Read the latest press release below from LABOUR and see how the pension anomalies affect the women of Dover..
press release
1200 women in Dover and Deal forced to wait more than a year for their pension.
The Government’s plans to accelerate the state pension age increases mean 1,200 women in the Dover and Deal constituency will have to wait for more than a year longer before they can get their state pension. Across the country the plans have left women aged 56 and 57 feeling robbed.
300,000 women nationwide born between 6 December 1953 and 5 October 1954, will have to wait an extra 18 months, and an unlucky 33,000 will have to wait an extra 2 years, before being entitled to their state pension. About 1,200 of these are in Dover and Deal constituency.
The majority of these women will already be well underway in their plans for retirement, with many already working reduced hours in order to care for grandchildren or elderly parents. Yet they are now being forced to make significant changes to their financial plans, with just 5 years notice before the changes kick in.
Those unlucky enough to have been born between 6 March 1954 and 5 April 1954 are set to lose around £10,000 in state pension entitlements, with less than 7 years to attempt to accommodate the change.
Labour’s spokeswoman on Dover District Council, Cllr Pam Brivio, says: “The Government’s plans to increase the state pension age disproportionately affects women, and 1,200 women in Dover are being made to wait up to two years longer for their state pension. Many of these are women who have juggled working lives with raising a family, and who have very limited retirement savings to fall back on. The lack of warning of these changes means they do not have enough time to arrange proper retirement plans.”
Labour’s Shadow Pensions Minister, Rachel Reeves MP, says:
“Despite the Coalition Agreement stating that they would not raise the state pension age for women before 2020, the government have taken another ‘u-turn’ on their policy and I will be fighting these changes every step of the way.”