Dispatches. Monday at 8.00pm Channel 4 "Michael Buerk reports on the growing number of elderly people who feel both lonely and vulnerable, and examines new research revealing a dramatic rise in reported crime against pensioners. Buerk investigates whether the public can continue to rely on the state to support everyone in their old age, and asks if a rethink is needed about how they are all going to be looked after." http://www.radiotimes.com/episode/d...the-price-of-growing-old-channel-4-dispatches
it wouldnt surprise me one bit if the state pension becomes a means-tested benefit in the next few years.
Just looked at the national debt yesterday...1.5 Trillion Quid increasing by 5 grand per second. I wonder if this will have any effect on pensions one day?
but--i can remember when unemployment benefit--paid for out of NI stamps----was cut from a year to 6 months.----just like that. can you imagine the outcry if car insurance was cut to 6 months !!! and look at the currnet daylight robbery affecting women " of a certain age" who cant now get state pension till their mid 60's--still paid the same NI though.
There is no pot, that's the problem, the pot is imaginary. The support ratio for pensioners was and will be as follows 1950 about 7 workers per pensioner, 7 workers taxes paid for the retirement of a pensioner who usually died fairly quick. 1970 in the UK 4.3 workers per pensioner and the oldies were living a bit longer. 2010 in the UK 3.6 workers per pensioner and now the oldies are living a lot longer. 2050 in the UK it is predicted that there will be 2.4 workers for each very long lived pensioner Your pension has always been paid out of current taxation and the pressure on that tax base will only increase.
The only time I claimed benefit was when I was a student in the 70s. That was for about 6 weeks in the summer, one year. Other than that my stamp has been paid right up till today.
Yes. I know. Just an expression. And it will potentially affect all of our pensions, that being so. Not just mine. I will whip back and put inverted commas around the word pot.
my ex had to wait till 62 and a half--she was born in 52. i have a female friend just turned 60--she has to wait till 65--at least. worked most of her life. the gov has stolen 5 years pension off her.
I claimed at and after University in the 1970s for all semester breaks which were separated by just the right amount of time that full entitlement to Unemployment Benefit was automatically carried forward if you had enough stamps paid prior to starting Uni. I had one further period of unemployment in the mid 1990's but at that time I really needed the break. I started paying NI when I was 15 and apart from the above have paid it ever since, although 14 years were self employment and thus conferred little benefit other than the accrual rights for state pension.
Which is not a small amount, approximately £39,000 at the new flat rate pension levels, £30,000 at current pension levels. They stole a year from me so far
I have to wait to I get mine it's now 67 till I can get some of the money I paid in all them years. Just living on the odd banana poor old gorilla
