Earlier this year Sarah Veale, Head of Equality and Employment Rights at the TUC, blogged on this site about the impact of changes to the State Pension Age on women.
Since then campaigns by Rachel Reeves MP, Age UK, Unions Together, and individual unions have all gathered momentum. Even some coalition partners have got in on the act with some Lib Dems expressing concern over the departure from the coalition agreement that these changes represent.
Just to recap, the Coalition Agreement said that the state pension age (SPA) would rise to 66 but this would “not be sooner than 2016 for men and 2020 for women.” Since then the Government performed a dramatic U-turn and published draft legislation to accelerate the equalisation for women by 2018, and then increase both men and women’s state pension ages to 66 by 2020. Women aged around 56 and 57 are set to lose the most from this shift in the goalposts, with very little time to prepare or amend existing plans.
Want to read more of this Touchstone article? Click on the link: http://www.touchstoneblog.org.uk/2011/05/more-broken-promises-women-and-the-state-pension-age/
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