UK: £500 bonus for women in pension reform

Submitted by Mastodon on Mon, 2013-01-14 21:18

Article here. Excerpt:

'In an article for today’s Daily Telegraph, Steve Webb, the pensions minister, says that the “complicated and divisive” pension system must be reformed to “reflect modern working patterns and modern patterns of family life”.

From 2017, the basic state pension will be set at about £160 a week and the complicated system of means-tested “top-ups” will be scrapped. Women who take time out of the workplace to care for children or elderly relations will qualify automatically for the pension.

Mr Webb said the reforms will “particularly benefit many older women, whose time at home with children has damaged their state pension entitlements”.

Iain Duncan Smith, the Work and Pensions Secretary, said on Sunday night: “The single-tier pension will mean that more women can get a full state pension in their own right, and stop this shameful situation where they are let down by the system when it comes to retirement because they have taken time out to care for their family.”'

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Nothing. Looks like they don't get the same consideration.

Funny thing is, ppl usually do what is rewarded and avoid what's punished. If feminists want to see more men spending time at home to take care of kids, rewarding women for doing it while ignoring men who do (to the detriment of their pensions) keeps the system of women being the primary child-minders in UK society.

Sometimes the left hand doesn't know what the right hand is doing.

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Submitted by Matt on Tue, 2013-01-15 02:37