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Tory governments against Pensioners

Tories never created the State Pension

Extreme Ageist sexism against women by attack on state pension, even with a woman Prime Minister.

Tory Prime Minister Thatcher / Prime Minister Major government between 1979 and 1997 

DISCRIMINATION OF WOMEN AND ADVANTAGES GIVEN ONLY TO MEN
FROM 1983 TIL 2018  


Back on 21 October 2016 Ken Loach released his film I, Danial Blake. The man character (portrayed as aged 59) lost after April 2018, the right on the dole or the sick, of men only getting those benefits without a requirement to seek work. Ken Loach could not have known that. 

Maybe Ken Loach knew that Pension Credit (not requiring a National Insurance history) for men and women from age 60 had gone with the Welfare Reform Act 2012-2013. Us 1950s ladies did not know this until after 2019, when a lady found the government paperwork with the words MEN ONLY.

For example:

  • a woman born between 6 October and
    5 November 1950 reached state pension age on 6 May 2011 (pension age 60) - a man born between those dates was therefore given (National Insurance) autocredits for the 4 tax years from tax year 2011 to 2012 to tax year 2014 to 2015, granted without a requirement for men only to seek work.

  • a woman born between 6 September and
    5 October 1953 reached state pension age on 6 March 2018 (first of the victims of pension age 65, then the 1954 born had pension age 66, turning 60 in 2014 and retiring at 66 in 2019) - a man born between those dates was therefore given autocredits for the tax year 2017 to 2018, the last year for which autocredits were available, granted without a requirement for men only to seek work.
Source Gov UK

WHAT THAT MEANS NOW:
  • Therefore 1953 women on the dole or the sick or economically inactive, were not granted National Insurance auto-credits between 2013 and 2018.

  • 1954 women the same but between 2014 and 2018 (pension age reached 2019).

This is why my petition demands within the full package of pension money and pensioner issue policies to Your Party co-led by Jeremy Corbyn and Zarah Sultana MPs, a full living amount of state pension for all UK pensioners regardless of National Insurance record, which is less for those on old basic state pension and practically individual, losing hundreds if not thousands with the flat rate new state pension that is neither flat nor single tier.


AUTO CREDITS ONLY FOR MEN 

the scale of the subsidy must be enormous and a benefit for people years after it was offered by Sir Geoffrey Howe, the Chancellor of Exchequer in 1983, to encourage men to get off the dole to keep the very high unemployment numbers down at the time.

The new disclosure makes it even more galling for the women who were originally promised they would have their national insurance contributions paid between 2010 and 2018 only to have the offer withdrawn a year before it was due to start. A number have had to pay thousands of pounds to make up the sum for a full pension while others simply have not been able to afford it.



STOPPING PRIOR VERSION OF TRIPLE LOCK ANNUAL RISE OF STATE PENSION
  • By 1997 pensioners had lost £20 a week off the low state pension, by Tories stopping the prior triple lock annual rise of state pension since 1980. 


    HALVING OF VALUE OF
    STATE SECOND PENSION 

  • The tiny 20 per cent of workers (mostly men) left on state second pension, had seen SERPs more than halved in value between 1979 and 1997. 

DID NOT END SERPs OPT OUT 
  • Tories did not end the SERPs opt out (begun 1978 by Labour), when Tories had the power in government to do that for majority who were working direct for government and in councils, between 1979 and 1997.  

MONEY DEPRIVED FROM
NATIONAL INSURANCE FUND 
  • The late Tony Lynes wrote the paper
    The Rape of the National Insurance Fund
    for Southwark Pensioners Action Group, part of the radical National Pensioners Convention. 

  • Lynes says – and it is borne out by other documents (Paul Lewis - finance blogger) ... found – that when the fund was set up in 1948 its income from contributions was boosted each year by a Treasury supplement.

    In 1973, that was fixed at 18 per cent of its contribution income. So National Insurance contributions only paid for part of the benefits the fund provided and did not pay anything for administration.

  • Lynes reveals that, in the 1980s, that Treasury supplement was cut from 18 per cent to 5 per cent and was finally abolished in 1989.

  • What was lost - ... "Restoring the supplement at its pre-1981 level would bring an extra £11.3 billion a year into the Fund"... Lynes' paper. 

  • Tony Lynes' paper ... "The main reason for this is the policy adopted by the Conservatives (Tories) in 1980 and pursued by both Conservative and Labour governments since then, of breaking the link between pensions and average earnings, so that, while the Fund’s income from contributions rises roughly in line with earnings, pensions and other benefits normally rise only in line with prices.
    By 2010, if present policies continue, the Actuary’s figures show that the balance can be expected to rise to over £60 billion, about £48 billion above the recommended level.

  • Tony Lynes paper ... "The loss of the Treasury supplement has had a catastrophic effect on the (NI) Fund. Reintroducing the supplement now at its pre-1981 level of 18% of contributions would bring in an extra £11.3 billion a year. Together with the Fund’s predicted surplus of £3.4 billion for 2005-06"... 

Source: Paul Lewis: The NI sting depriving 1950s women of their state pensions
4th October 2018 10:35 am

Link to the late Tony Lynes original paper 

Tories Rose Women's Pension Age 

Tory Prime Minister Major rose women's pension age from 60 to 65. 

1995 pension act. 

  • Debated between 1993 and 1995 and the Tory government never told us talking about raising women's pension age. 

  • This discriminated against women and men the same, as women's detriment is loss of 5 years of  full works and payment of state pension money, and men continuing to lose same from 60 to 65, that had been in law since 1940. 

  • Men had won court cases for pensioner benefits from age 60 long before and even after 1995, so various courts agreed equality was pension age 60 men and women.  Ignored by Tory government. 

  • Men were granted unemployment or sick benefit, without requirement to seek work, between ages 60 and 64 inclusive, which continued under the Tory government from 2010 til 2018. Not granted to women who suffered pension age rise from 60 to 66 from 2011-2014 onwards. 

  • Men were granted free National Insurance credits, when neither in work nor on benefit, when 'economically inactive' as early retired between 60 and 64 inclusive. Not granted to women who suffered pension age rise from 60 to 66 from 2011-2014 onwards. 

  • Tories kept pension age rises to women when ruling alone in government as Pension Ministers from 2015 onwards til today. 

  • Tories did not permit 1950s born women to shield by age from the pandemic between ages 60 and 66, yet we are equally at risk of death as all oldest ages. 
  • This continued for the 1960s born, turning 60 from first plague year of 2020.
  • ...."COVID-19 is not just hazardous for elderly people, it is extremely dangerous for people in their mid-fifties, sixties and seventies,” says Andrew Levin, an economist at Dartmouth College in Hanover, New Hampshire, (USA) who has estimated that getting COVID-19 is more than 50 times more likely to be fatal for a 60-year-old than is driving a car."...
    Source: https://www.nature.com/articles/d41586-020-02483-2

JULY 2024 GENERAL ELECTION 

TORY MANIFESTO - PAGE 14 
..."to keep cutting National Insurance until it’s gone"... 

 




Blair's 1997 general election
press release
re Tory pension policies