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Sixty years old

ProfilePosted byOptionsPost Date

Sue

Sue Report 14 Aug 2008 17:18

Dee,

It's all a bit arbitary isn't it? I got my pension forecast and I should get the maximum because of working full time and paying full stamp.When I had the children I didn't use up my allowed years either.

Even living abroad for 4 years didn't really affect my forecast.

However, because I haven't worked since the hip replacement they will be reducing my earnings related part by as much as they can :-((

Sue x

*ღ*Dee in Bexleyheath*ღ*

*ღ*Dee in Bexleyheath*ღ* Report 14 Aug 2008 17:08

And to add to Sue's post:-

Both men and women reaching State Pension age from 6 April 2010 will need 30 years qualifying years (rather than 39 for women and 44 for men as now) for a full basic State Pension. If you do not have the full 30 years of paid or credited contributions to get a full State Pension, each year you do have will give you one thirtieth of the full rate Basic State Pension.

Got to say I'm gutted about only getting about £65 per week when if I had been born just 4 months later, I would get the full state pension of around £100.

Dee
x

Sue

Sue Report 14 Aug 2008 16:47

From 6 April 2020, the State Pension age for women will be 65, the same as for men. Women's State Pension age will start to change gradually from 2010.

This will not affect women born on or before 5 April 1950, who can still claim their State Pension at 60. Women born on or after 6 April 1955 will have a State Pension age of 65.

The State Pension age for both men and women is to increase from 65 to 68 between 2024 and 2046, with each change phased in over two consecutive years in each decade. The first increase, from 65 to 66, will be phased in between April 2024 and April 2026; the second, from 66 to 67, will be phased in between April 2034 and April 2036; and the third, from 67 to 68, between April 2044 and April 2046.


Just to cheer the youngsters up...lol

Sue xx

 Lindsey*

Lindsey* Report 14 Aug 2008 16:37

They should put the mens age up to 80 , dont want them hanging around all day !!!LOL

Granny

Granny Report 14 Aug 2008 16:12

Dee aren't they going to put mens pensions up to 70? I knew ours were going up, and i miss out by 1 year.

Granny

Deanna

Deanna Report 14 Aug 2008 15:38

Cynthia.... you can look forward to

*NOT BEING A GRUMPY OLD WOMAN*.

Old age is great, I was born for it, ;-0)

Enjoy yourselves, and all your perks.

Deanna X

Helen

Helen Report 14 Aug 2008 15:09

Great laugh thank you.

Did not know about the hairdressers!!

Helenxx

Meduck

Meduck Report 14 Aug 2008 14:56

Yes got to say the mornings are my favourite time
I like to get up, and have a leisurely breakfast and read the newspapers
You need totally different clothes once you retire don't you. My friend has told her daughter to let her know if she starts looking like a bag lady!!

misscharley

misscharley Report 14 Aug 2008 14:55

cheaper hair cuts (my nans fav) x

 Lindsey*

Lindsey* Report 14 Aug 2008 14:53

Yea they fell through the hole in my pocket. The nice bit is being able to lay in in the mornings and not having to dress for work any more ! I've always been poor so no change there then !

Hint.. Wednesdays at B&Q is pensioners discount day.get your card now.

Meduck

Meduck Report 14 Aug 2008 14:49

Lindsay, Did you drop your marbles getting on the bus in all the excitemnt!!

 Lindsey*

Lindsey* Report 14 Aug 2008 14:47

I gained a bus pass and lost my marbles !!!

Cynthia

Cynthia Report 14 Aug 2008 14:43

Some respect!
Also to become a Grumpy Old Woman - officially!

*ღ*Dee in Bexleyheath*ღ*

*ღ*Dee in Bexleyheath*ღ* Report 14 Aug 2008 14:42

Gail, the Govt here are gradually lengthening the age (for women) at which the state pension can be paid, until it will eventually only be paid at 65 for both sexes.

As I shall be 60 just before April 2010, I still qualify for my state pension then. Anyone born after that will have to wait.

Unfortunately for me, had I been born on or after April 1950 I would fall within new Govt legislation whereby I would only need to have paid in 30 years credits (instead of the current 39) to get a FULL state pension instead of the reduced one I will have now.

As I opted to stay at home and look after the children and never returned to work, I only have 30 credits.

So I gained in one area and lost in another!

Dee
x

ButtercupFields

ButtercupFields Report 14 Aug 2008 14:36

*gasps in delight...half price football season ticket! wow I didnt know that!!

Meduck

Meduck Report 14 Aug 2008 14:21

The above, +
Half price football season ticket
Concessions on going into places you visit
"Golden years" cheap meals in the week
Cheap cinema tickets
Fuel allowance
Half price at my keep fit
Hoping to be quids in!!!!

*ღ*Dee in Bexleyheath*ღ*

*ღ*Dee in Bexleyheath*ღ* Report 14 Aug 2008 14:04

Free prescriptions

Free train travel into London

My state pension

Helen

Helen Report 14 Aug 2008 13:57

When you reach sixty,what do you hope to get or not get??

Is it just bus pass and library ticket,that change!!

Many thanks Helenxx