Im not in disagreement with that and well aware that im likely to pay many more years than 35 which is only right. The problem is how do we make pensions affordable so future generations aren't screwed over. Continuation of payment of NI when you take income from your pension is at least an option. Personally im absolutely fine with continuing to pay NI, like any other tax in retirement.
That's fine if you can afford it....some poor bastards can't.
www.almondfinancial.co.uk
Thanks, just rang them and got a forecast sent x
So stop paying the part that goes to the state pension then, they want people to go back to work, encourage them, it beggars belief that anyone can be so stupid to think I should be paying tax for something I get fuck all benefit from.
get rid of the freeze on personal allowance would be a start. I saved since I was 18 for a pension, I was on a very little when I joined the RAF, like most it was the pay off for having a pension, some people just don’t take personal responsibility for their futures and like everything else expect the government to look after them, well people my age should know better and if they haven’t then more fool them. We all have problems over our working lives but you’ve got 50 years to sort it out.That's fine if you can afford it....some poor bastards can't.
How does UK pension compare to the rest of Europe? | Almond Financial
At Almond Financial, we compared the UK's pension system to the rest of Europe’s countries to see which one offers the most to retirees.
“Closer to home, the UK has a system that is just above the breakeven point which means at present, there isn’t much room to manoeuvre for those battling the cost of living crisis. And while it is positive that the UK finds itself among the top half of countries, for how much longer is the question.
“Although the increase in the state pension was well intended, it works out at just £33 more per month compared to last year’s pension. It’s clear that those over 66 need to look at other options rather than just relying on the state pension.
What sort of cretin thinks that a “part” of NI is ring fenced for state pensions?
So you saying a certain percentage isn’t put towards the state pension or they just change as and when they please? well when they decide that percentage each year take it off the NI contributions, not difficult to work out if your intelligent.
More FOCs might be persuaded to retire if the state pension wasn't one of the worst in western Europe.
Hope it turns out well for you, I know you worked in a demanding job in the NHS but have suffered recently, hopefully you get what you deserve.