Women's state pension campaigners back in court
The BBC reports “Up until 2010, women received their state pensions at the age of 60 but that has been rising since then. While most campaigners support pension age equality, they argued that the government was discriminatory in the way it has introduced it.”
“The result has been that some women who thought they would retire and receive a state pension at 60 found that they would have to wait longer - for some a wait of more than five years. That resulted in financial hardship for many. Those affected were born in the decade after 6 April, 1950, but those born from 6 April 1953 were particularly affected and have been the focus of much of the campaign.”
“The government has estimated that a reversal of the pension changes in the Acts of Parliament of 1995 and 2011 would cost £215bn over the period 2010-11 to 2025-26. About £181bn of that would be money potentially owed to women and the rest to men.” Read more