Who's being fleeced?fingers_1661 said:
In which case you should view yourself as doubly fleeced - you pay NICs but dont think you get any State Pension...dingerr said:Who's being fleeced?fingers_1661 said:
Certainly not us in the military. We can't be fleeced because we don't pay into it. So we lose nothing.
They don't get an immediate pension, they have to wait till 60/65 (depending on when they first joined)Herrumph said:Now if you want to see a really corupt pension scheme look at MPs and Ministers in particular. The justification for such a generous immediate pension ..... Do we give immediate pensions to soldiers and officers who do just 5 years - no. If politicians didn't like the pension arrangements - there are plenty to replace them.
Is this a bite? Or are you seriously suggesting that those that have spent their working lives supporting their own families; as well as Kylie, Chardonnay and their 6 kids by 6 different dads; have not had regular holidays (insert any financial saving) in order to put Â£150 a month (insert any amount) into a pension plan, are then kicked in the nuts so that Kylie can enjoy her golden years with her 81 great great grankids on a decent pension?Bound_Apprentice said:In addition, the state pension should be means tested and should only be payed to those that do not have other measures in place.
I agree but IMO we are to PC when it comes to the terminally lazy as opposed to the genuinely unfortunate. Food coupons not beer tokens should be the order of the day. If they are to embarrassed by these then HMG should have an arrangement with Tesco (insert any company) to deliver to their door!Bound_Apprentice said:You could argue that those that have never worked should not be eligible for any pension, but the alternative, that huge swathes of the population are left penniless after 65, is more than any modern society could or should stomach.
I believe that the AFPRB give the pension a % value each year, effectively giving a notional higher salary ie they say it is worth 7% and a Â£20,000 salary becomes Â£21,700 during their deliberations on the pay rise.Herrumph said:Hate to argue with a man with such a fine milking gif, but the miliatry do pay for their pension. The amount you get in X-factor is abated by the benefit of of having a free pension (as well as other benfits). Just cos you don't see it as a deduction on you pay slip doesn't mean it isn't taken away.
Yet another shot in the war begun by rightists to do the Police, armed forces and other public workers out of their pensions.fingers_1661 said:
So paid in 8 years gross and expects to receive out how much for how long?REgards said:
Probably is, that's why the country's in shit state!REgards said:
If the teacher was a state employee then they didn't pay into a scheme and neither did the employer (taxpayer), no actual funds would have been set aside.REgards said:
Private pension schemes are dead in the water. Many are now worth substantially less than has been invested never mind providing a positive return.Bound_Apprentice said:If these are invested in early enough, there is every reason to expect them to provide a reasonable return. Forcing people to make provision for their retirement throughout their working lives has been talked of for years. No Govt can really avoid this anymore, and let's face it, this lot are fecked so they may as well introduce it now, while they can. No successive adminisatration would reverse the decision!