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NI after age 60 with new retirement ages

STOP requirement to pay National Insurance (12%) on earnings after the ORIGINAL pension age for those baby boomers whose pensionable age has increased by up to 5 years.
The increase in pensionable age has caused major injustices.
(Baby Boom) Women particularly who may now retire up to 5 years later lose approximately £25000 in pension previously promised (and earned!).
National Insurance is not paid after retirement so these people are not only losing £25000 but are also paying National Insurance to cover the pensions of others, many of whom are only slightly older.
The loss is 12% of their earnings over the 5 years + the lost pension.

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Signatories

3

Currently ranked 39,724 out of 104,597 petitions ever created.

Diversity index: 100%

Status

Closed

Created By

Gerald Smith

Created On

Thursday 29 March 2012

Closing Date

Sunday 30 September 2012

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