Pensions

[MargaretR]

Originally Posted by Barrie Yates

Ken, the original post clearly refers to a Military Pension, not the State Pension.
I am still waiting to hear what I have not got on my State Pension

The £ 2.40 a week rise in state pension causes me to pay more income tax on my 'works' pension (because tax codings are the same as last year)

[Barrie Yates]

I had to transfer to the French system after 2 years here - great.
I don't pay any tax now, either in UK or France:-)

[Barrie Yates]

Not totally convinced by Labour, are you Barrie? I'll put you down as a possible.

Waste of time Ken, unless they state that Brown and all his cabinet - from the Prince of Darkness downwards will be replaced.

[DaveinGermany]

[quote=Ken Moss;807260

However, we're faced with the inevitable truth that people are generally living longer and pensions have become a bit of a problem, again with more coming out than going in. A National Insurance rise seems a prudent option for the future, particularly as those who are being 'hit' by it will see the benefits in their retirement.[/quote]

That I doubt very much !!! because face it the more Folk put in, the more the Politicians, Civil servants, Asylum seekers & Deadbeats in general will be getting out !! Joe Public is out bustin' his nads to pay for all the deadwood, he's what 35-40, he's expected to be working to 65 then picking up what he's paid in !! you're having a laugh aren't you ??

He's now told "You're looking at 67 mate !" & within a couple of years that will probably rise again to cover the shortfall. so if he's lucky he may finish at 69 only to be told, "Sorry lad there's nothing in the pot, you should've been putting money away for a rainy day"

How ? How the hell is he supposed to do that when all around him there's people with their hands out whinging & wanting !! Foremost amongst them the Government of the day !! Do me a favour mate ! You know as well as I do, we'll be the ones left holding the wrong end of the Shty Stick.

[Barrie Yates]

Originally Posted by DaveinGermany

That I doubt very much !!! because face it the more Folk put in, the more the Politicians, Civil servants, Asylum seekers & Deadbeats in general will be getting out !! Joe Public is out bustin' his nads to pay for all the deadwood, he's what 35-40, he's expected to be working to 65 then picking up what he's paid in !! you're having a laugh aren't you ??

He's now told "You're looking at 67 mate !" & within a couple of years that will probably rise again to cover the shortfall. so if he's lucky he may finish at 69 only to be told, "Sorry lad there's nothing in the pot, you should've been putting money away for a rainy day"

How ? How the hell is he supposed to do that when all around him there's people with their hands out whinging & wanting !! Foremost amongst them the Government of the day !! Do me a favour mate ! You know as well as I do, we'll be the ones left holding the wrong end of the Shty Stick.

Well put Dave - like I said freeze everyones Government Pension but give themselves 1.5% before thy are kicked out. The pensions of the discredited ones - the thieves who cheated us all, and the ones who the electorate kick out will get their pay offs based on the new salaries.

Perhaps a dictatorship would be better - I don't know





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[garinda]

The last time the payments from my private pension were assessed...what I get went down, and that's now has been frozen for five years.

[Ken Moss]

Originally Posted by DaveinGermany

That I doubt very much !!! because face it the more Folk put in, the more the Politicians, Civil servants, Asylum seekers & Deadbeats in general will be getting out !! Joe Public is out bustin' his nads to pay for all the deadwood, he's what 35-40, he's expected to be working to 65 then picking up what he's paid in !! you're having a laugh aren't you ??

He's now told "You're looking at 67 mate !" & within a couple of years that will probably rise again to cover the shortfall. so if he's lucky he may finish at 69 only to be told, "Sorry lad there's nothing in the pot, you should've been putting money away for a rainy day"

How ? How the hell is he supposed to do that when all around him there's people with their hands out whinging & wanting !! Foremost amongst them the Government of the day !! Do me a favour mate ! You know as well as I do, we'll be the ones left holding the wrong end of the Shty Stick.

I get what you're saying, and being self-employed there's no mandatory cut off point for me anyway but I'd gladly work till 70 provided I'm able. As long as people are paying into a state pension then there must be something at the end for them, although I am already making extra provisions too.

There's no getting away from your point about 'dead wood' though and sooner or later that particular bubble is going to burst as well.

[accyman]

Originally Posted by vera

What have i done right??? My pension has increased by £2.40. That is a Government pension too.

with living abroad they may have mistaken you for a foreigner and given you more than a UK citizen so best to keep shhh or they will realise your british and snatch that money back

[vera]

Thanks for that advice accyman, will remember to do that

[acertun]

Originally Posted by garinda

The last time the payments from my private pension were assessed...what I get went down, and that's now has been frozen for five years.

How do you get a pension for your Private lol