Pension Age

Today a group of women lost their case in the High Court over whether the rise in the pension age to 67 by 2018 is unfair because they were not given enough time to make adjustments to cope with years without a state pension. The court found that the change corrects historic discrimination against men and isn’t unfair.

I have no sympathy whatsoever with the case being made. As a man I have always been astonished that men were expected to work 5 years more than women for their state pension. This situation is even more unfair when you take into account that women live longer to men, and therefore, on average, draw their pension not just for 5 years more, but more than 8 years at an additional cost of over £53,000 compared to men. The change means they will only get a bit over 3 years extra pension compared to me. That’s fair.

I saw the claimants being interviewed on the news channels, saying they have been robbed. This is absolute nonsense. They claim they are being forced to work longer when they have paid in for 45 years. What, forced to work as long as men have had to work and pay in? What’s their point?

Pension ages were not always different. When introduced it was 70 for both men and women and only 25% lived long enough to collect. In 1925 the age reduced to 65. In 1940 the age for women to retire reduced to 60 so most couples could retire at the same time – presumably based on women being 5 years younger than their husbands. Society has changed so much in the last 80 years but the pension age gap lagged behind for far too long.

When I started work at 16, as a civil servant, retirement was mandatory at 60. I could expect to receive my pension for 10 years. My female colleagues would get 16 years. That was my expectation for most of my working life. Now I know I will have to work to 67. That’s life. We are all living much longer. Even retiring at 67 I will now get 12 years of pension, and my female counterparts will still get 16 years. What this group seems to want is 23 years of pension for women approaching 60. Who is going to pay for that? Largely younger people struggling to raise kids and pay mortgages. It’s not on.

Frankly the equalisation of the pension age was, in my opinion, staggered over far too long a period. It is a correction that should have been made decades ago. For all its faults we have a benefits system designed to be a safety net for those who have not yet reached retirement but who cannot work for health reasons. That is the right mechanism, not the prolonged continuation of a gross inequality. I’m happy to pay taxes to help out people genuinely in need who have fallen on hard times through not fault of their own, not so happy to subsidise people of my own generation who just want to put their feet up for 23 years.

I’m feeling a little less “liberal” today it seems. I’m not feeling tolerant of these frankly selfish children of the 50’s and 60’s. Sorry. As to our party’s commitment that these women are “properly compensated for the failure of government to properly notify them of changes to the state pension age”, I cannot support it under any circumstances. They were properly notified. Equalisation has been on the cards since 1995. This was correction of a long-standing inequality and we did the right thing in 2011 when speeding up the timetable.