Nearly 4 million women born in the 1950’s will not be entitled to money they potentially lost when the pension age was raised from 60 to 66, in a decision made by Britain’s High Court today.
The judges commented “There was no direct discrimination on the grounds of sex, because the legislation does not treat women less favourably than men in law. Rather it equalises a historic asymmetry between men and women and thereby corrects historic direct discrimination against men”.
The BackTo60 campaign had argued women where treated unfairly when the pension age went to 66 and left them no time to make alternative financial arrangements and the impact it will have on the women having to wait up to another 6 years to receive their state pension.
Future retirees will have to plan for a future where the state provides less in retirement, as the state pension age looks to increase to the age of 67 by 2028.
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You can read the full High Court ruling here: