Lowering the state pension age for women won’t create four million jobs for young people
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By Pippa Allen-Kinross
Claim
Lowering the state pension age for women back to 60 would create four million jobs for the younger generation.
A Facebook post shared 22,000 times claims that four million job vacancies would be created for young people if the state pension age for women was lowered back to 60. This is not accurate.
The post says: ‘4 million job vacancies could be created for the younger generation in one fell swoop, by moving 50s women pension back to 60.’ The post seems to attribute this to ‘Sue Walker’, but it is not clear who she is.
The state pension age for women is a subject of much controversy. The Pensions Act 1995 said the age women are entitled to a state pension should be raised from 60 to 65 over a 10-year period to April 2020. This timetable was accelerated in the Pensions Act 2011, so that it reached 65 in November 2018 and will increase to 66 by October 2020, before rising alongside the state pension age for men until both reach 68. We’ve written abou...
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