800 local women to lose out from pension reforms

House of Commons Library research has shown that 800 women in Corby and East Northamptonshire are set to lose out by nearly £37 a week due to new pension reforms.

800 local women born in 1952 and 1953 will not be eligible for the single tier pension since they are due to retire in 2017, before the state pension reforms come into effect. Men born during the same period, however, will qualify.

The news comes after the Government claimed that “we have to be absolutely transparent [about who will lose]” yet it has failed to make clear the full consequences of the planned reforms.

430,500 women across the country and well over 800 in Corby and East Northamptonshire will be nearly £2,000 a year, that’s nearly £37 a week, worse off compared to men. But instead of being honest with the women that will lose out this government tried to bury the truth.

Ministers have been caught with their hands in pensioners pockets – it’s about time this government had the decency to be honest about who will lose out under their plans.

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