Pension changes that just aren't fair

We have just celebrated my husband John’s 50-something birthday, so it's not surprising the recent debate about pensions resonates with me personally, as well as politically.

Pensions seem so remote when you are young, but, as you get older, you realise how crucial they are.

You only have to switch on the television to see how uncertain the future is.  Knowing you can rely on a decent pension offers some comfort, at least.  Polls show huge public support for the State Pension.  That's because it's fair; you pay into it when you are working and then you benefit later on.

Now, the Government is moving the goalposts, which is both wrong and unfair.  New rules raising the age at which you can take your pension were already due in 2020;-necessary, I accept, because we're all living longer.  Cameron’s well-heeled Government wants to impose those changes in 2016.

Millions of people in their fifties simply won't have enough time to adjust.  Christine, a local teacher, wrote to me saying she made some big life changes ten years ago, to prepare for retirement, including switching jobs. Now, she says, "At this rate I will be dead and buried before I receive the pension I have consistently contributed to!"

My worry is lots more people will find themselves in this position.  Too old or too unwell to work, but too young to take their pension they’ll have no time to build their savings to carry them through the gap in their income the Government's changes will create.

When people have worked hard all their lives and paid their way, this isn't fair. That's why I hope that, even at this late stage, this Government will think again.

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