GB News

[Chris in London]

However they put way more as a %age of salary into their pension to facilitate early retirement. Who wants a 62 year old cop trying to chase an 18 year old burglar lol

Well, no. They pay the same %ge whether they take early retirement or not. You retire after 24 years and 6 months and you still get 2/3 of your final salary (or whatever) but you don’t get it until normal state retirement age. Nobody does that, of course, because you’d be stupid to not do the final six months, because they are literally worth a six figure sum. But in theory you could pay the same %ge for 24 years and six months and still be much worse off than someone else who leaves after 25 years on full pension.

 

[bluethrunthru]

Well, no. They pay the same %ge whether they take early retirement or not. You retire after 24 years and 6 months and you still get 2/3 of your final salary (or whatever) but you don’t get it until normal state retirement age. Nobody does that, of course, because you’d be stupid to not do the final six months, because they are literally worth a six figure sum. But in theory you could pay the same %ge for 24 years and six months and still be much worse off than someone else who leaves after 25 years on full pension.

There is no state retirement age - equalities legislation wiped out the 60yo for women and 65 for men norms - I for example won't get my state pension until I am 67

 

[Newman Noggs]

I think the argument about pensions is a red herring. Whatever your pension, you pay for it one way or another either in diminished risk/opportunity or in setting aside a significant part of your income.

It's about life choices. I see people driving around in cars that cost more than my house whilst I've never driven anything more luxurious than a Kia. Someone I know cashed in his pension so he could buy a luxury car.

Others of my generation, like my brother, sacrificed their own luxuries to send his kids to private school to increase their opportunities in the future.

I think this blaming previous generations for their "selfishness" and conservatism is simply people looking for someone to blame because they haven't got what they want now. It's a tale as old as time.

 

[lazerblue]

There is no state retirement age - equalities legislation wiped out the 60yo for women and 65 for men norms - I for example won't get my state pension until I am 67

they were talking about that on GB news earlier

 

[lazerblue]

Who wants a 62 year old cop trying to chase an 18 year old burglar lol

an 18 year old burglar i would imagine

 

[lazerblue]

Tried it twice today. Didn’t manage to get past one minute either time.

that's adhd for you

 

[Chris in London]

There is no state retirement age - equalities legislation wiped out the 60yo for women and 65 for men norms - I for example won't get my state pension until I am 67

State retirement age is simply the earliest age at which state retirement pension becomes payable. As you say, this is currently 67.

 

[bluethrunthru]

State retirement age is simply the earliest age at which state retirement pension becomes payable. As you say, this is currently 67.

I have just over 7 years to get there before this bunch of cunts steal mine !

 

[Chris in London]

I have just over 7 years to get there before this bunch of cunts steal mine !

You watch, it’ll be 68 by the time you get there…

 

[bluethrunthru]

You watch, it’ll be 68 by the time you get there…

I am never getting there I am resigned to that - thankfully I am getting my workplace pensions so hey ho turns out Robert Maxwell style provision for retirement is more lucrative and dependable than one Johnson's cabal may or may not provide