Chez
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chezeng.bsky.social
Chez
@chezeng.bsky.social
Where do I start
Reposted by Chez
"Those who enter retirement already in #poverty are highly likely to stay there"
This is exactly what successive govts have done to #50sWomen, by failing to provide ANY mitigation for the brutal #SPA changes
£1-3k suggested by #PHSO will not remedy this!
www.independentage.org/longer-term-...
Longer-term pensioner poverty and poverty transitions: A quantitative analysis of the Understanding Society survey (USoc)
This report analyses data and tracks financial status of people at State Pension age between 2010 and 2019. Download our Poverty in Later Life report here.
www.independentage.org
December 13, 2024 at 8:05 AM
Reposted by Chez
And it wasn't JUST the changes to #SPA for #50sWomen
Significant other detrimental changes were made (see below)
All whilst taking £271bn from
#NationalInsuranceFund & targeting this already disadvantaged group to "save" govt £1/2trillion
Yet not a sausage in mitigation!
December 13, 2024 at 8:05 AM
Reposted by Chez
NOW they speak of mitigation!
#50sWomen suffered the biggest change in #StatePensionAge for 50 yrs, yet:
🤬No consultation
🤬No impact assessment
🤬No notification
🤬 NO MITIGATION
Where is the duty of care?
December 13, 2024 at 8:05 AM
Reposted by Chez
"It is worth noting that with the increases in the SPA that we have seen so far (from 60 to 66 for women and from 65 to 66 for men), successive policymakers have chosen not to put any mitigations in place"
No thought whatsoever given to impact on #50sWomen
December 13, 2024 at 8:05 AM
Reposted by Chez
"increasing the #SPA reduces average incomes of those affected, & this reduction is concentrated among those who were already out of paid work before state pension age. Increases in the SPA therefore increase income poverty rates"
Many #50sWomen know this
ifs.org.uk/publications...
December 13, 2024 at 8:05 AM