Published On: Mon, Dec 2nd, 2019

State pension fury: 1950s women accuses Government of ‘immoral’ £180bn theft | Personal Finance | Finance

Leader of ’63 is the new 60′, Mariana Robinson, claimed the state pension fund of 1950s women has been “systematically raided to pay for the deficit”. Her campaign proposes for the state pension to come into effect on the 63rd birthday of 1950s women in order to “rectify the injustice” done to them. It comes as the retirement age for women rose to 65 to bring it into line with men and will go up to 66 by 2020, and 67 by 2028.

Speaking to, Ms Robinson said: “There are about 23 campaign groups of which ours is one and one of the main ones.

“We’ve been mentioned in the Parliamentary briefing papers as well.

“Backto60, as the name suggests, are claiming we should get everything back and I think most women think we should.

“But I can’t see that really happening because of the cost.

READ MORE: Labour Party ‘enemy of pension holders’ –Corbyn’s nationalisaton plans

“Even the DWP lawyer in the case said this would cost £181billion.

“Now that is a huge amount of money to restore our pensions back to 60.

“But similarly that is a massive amount of theft by the Government.

“There was a surplus in the National Insurance fund which the Government have systematically raided, over the last few years, to pay for the deficit.

“Most of us started work around 15/16 and now we’ve worked for 50 or more years and paid National Insurance all that time and we get nothing more for those extra 15 years on top of 35, that is the magic number now.

“Most women will not get their £168.60 which is the flat rate supposedly pension because a lot of them were contracted out.

“Now if you were contracted out it meant you paid a slightly lower National Insurance stamp in order to put into a work pension.

“Those years that you were contracted out are now being deducted from the new state pension so because I’ve been self-employed since 1979, I’m one of the eight percent of women who actually gets the full £168.60.”

Source link

Most Popular News