State pension age to increase seven years earlier than planned

20th July 2017

FULL STORY: State pension age to increase seven years earlier than planned

The UK government has this week continued its assault on state pensions with yesterday’s announcement by David Gauke, the Secretary of State for Work and Pensions, laying bare the Tories’ intention to phase in the hike in pension age between 2037 and 2039, rather than from 2044 as was originally planned.

That original plan would have resulted in the pension age increasing to 68 for those born after the 6th April 1978. However, under the new proposals, this would now also affect all those born between 6th April 1970 and 5th April 1978.

This would mean that six million people across the UK, currently aged between 39 and 47, having to work a year longer for the pension they rightfully deserve, fully expected to receive, and were planning for at age 67 – all on the whim of a Tory government that continues to target people in their later years.

The claim that this is a necessity due to the increasing financial strains of paying pensions to those living longer in retirement simply does not ring true, with recent reports suggesting increases in life expectancy are beginning to stall.

This claim also does not take into account that, once again, we have a UK government patronising the public with the suggestion that the most vulnerable in our society must pay the price for the lack of a “Magic Money Tree”, while billions are spent on nuclear weapons and grubby deals with the DUP in order to cling to power.

Additionally, as my colleague Kirsty Blackman MP pointed out in Westminster yesterday, the UK government was legally required to announce the proposed increase in pension age before the General Election in June. However, it is now clear that this was deliberately kept under wraps until now.

Once again, we witness this UK government – not content with simply continuing its ongoing, unacceptable treatment of the WASPI women – targeting people across the United Kingdom who have worked hard, and continue to work hard, for the pensions they deserve.

Pensions are not a benefit, they are a contract: it is high time this Tory government finally begins to respect that.