Pensions - Articles - Womens state pension age will never go Back to 60


As campaign group, Back to 60, begins a landmark High Court battle to reverse the decision to equalize men and women’s state pension age, Stuart Price, Partner and Actuary at Quantum Advisory, looks into their chances of winning.

 Stuart said: “The state pension age for women was increased to 65 earlier this year to bring it in line with men for the very first time. While obviously frustrating for those caught in the middle, the decision was made back in 1995 during John Major’s Conservative government. The age at which both genders can collect their pensions will further increase to 66 by October 2020 and 67 in 2026, with a possible increase to 68 by 2039 to reflect the fact that people are living longer.

 “I certainly sympathize for women born in the 1950s who have been most affected by the changes, many of whom say they did not have time to prepare themselves for the additional wait. They also argue they were not given sufficient information, or details they were given came too late. Women Against State Pension Age Inequality (WASPI) is another group that is actively fighting for women’s rights, requesting an intermediate pension arrangement until they are entitled to the State Pension at 65. Although, a reasonable request on paper, in the current economic climate it is difficult to see where any funds would come from to provide those impacted with some form of recompense. However, given the passion and determination of those involved, it will be interesting to see what happens next’.
  

  

 
  

Back to Index


Similar News to this Story

Rising costs of TPS and STPS burdening independent schools
Over 400 independent schools have left the Teacher’s Pension Scheme (TPS) since 20191. TPS cost increases make it less financially viable. Independent
Government and Regulator give schemes impetus on endgame
Building on LCP’s new Accounting for Pensions 2025 report that was released last month, the latest results by LCP’s Pensions Explorer at 31 May 2025 s
Index shows gender differences in pension trust and outlook
Trafalgar House has unveiled new findings from their fifth Trust & Confidence Index of the pensions industry, revealing a significant gender divide in

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.