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Post by Totheleft on Feb 19, 2024 1:41:58 GMT
People receiving New or Basic State Pension payments are set for a major change in the amount they receive. Chancellor Jeremy Hunt confirmed that payments will rise for millions of Brits by 8.5 per cent from April 8, 2024. This can't go on especially when them that work hard don't receive as much increase in there wages Annual growth in regular earnings (excluding bonuses) was 7.3% in August to October 2023, this growth continues to remain strong but is not as high as in recent periods; annual growth in employees' average total earnings (including bonuses) was 7.2% in August to October 2023.12 Dec 2023 www.ons.gov.uk › bulletins Average weekly earnings in Great Britain: December 2023 We don't have infinite money. |
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Post by dodgydave on Feb 19, 2024 2:10:13 GMT
Pensioners have fixed incomes so are hit hard by inflation, that is why there is the triple lock.
Working age people can work overtime / get a promotion / get a 2nd job to get through tricky times.
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Post by Totheleft on Feb 19, 2024 3:49:23 GMT
Pensioners have fixed incomes so are hit hard by inflation, that is why there is the triple lock. Working age people can work overtime / get a promotion / get a 2nd job to get through tricky times. You do know that pensioners can also. Work.and pay no NI contributions. Have private pensions or work.pension Also. Have support with fuel bills and cost of living payments. The working man Has well has having inflation like the Elderly might have family to keep a mortgage to.pay . Plus the cost of living expenses. No wonder there so many working family's In poverty |
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Post by Dogburger on Feb 19, 2024 6:09:46 GMT
Pensioners have paid into the system all their lives and are only getting a fraction of that back . What they have to cut back on is pension credits ,the top ups paid to those that haven't paid in and of course the benefits paid to the lazy feckers who spend their lives watching day time tv .
But the basic state pension was what we signed up for which allows most to cut back their working hours or stop altogether if that's what they want to do .Its really nobodies business but theirs
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Post by johnofgwent on Feb 19, 2024 7:56:59 GMT
Pensioners have fixed incomes so are hit hard by inflation, that is why there is the triple lock. Working age people can work overtime / get a promotion / get a 2nd job to get through tricky times. You do know that pensioners can also. Work.and pay no NI contributions. Have private pensions or work.pension Also. Have support with fuel bills and cost of living payments. The working man Has well has having inflation like the Elderly might have family to keep a mortgage to.pay . Plus the cost of living expenses. No wonder there so many working family's In poverty We only pay no NI because the dodgy piece of shit in number 10 was foiled in his plot to make us keep on paying it by his move from number 11. While still screwing our ability to pay into a personal pension once any is taken from any such fund ? And do you think we fucking LIKE having to keep on working because Gordon fucking brown fucked over our pension growth by stealing the advance corporation tax relief from our pension funds, thereby breaking the sacred vow that pension fund growth was always untaxed because pension payments ARE Every person who has done a day's work in the last fifteen years has been screwed by that one eyed twat. Did you realise that ? |
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Post by Fairsociety on Feb 19, 2024 8:08:01 GMT
Let's start with Starmer leading by example ...
Starmer earned £1 million plus a £700,000 gold-plated pension during his five years as Director of Public Prosecutions (DPP). Sir Keir was a barrister for 20 years. Then, as DPP, he was paid £195,000 a year and the job secured him a pension that, together with his MP's retirement allowance, will give him a publicly funded pot worth about £1 million.LOL.... as usual double standard hypocrite Starmer
**Useless DPP
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Post by andrewbrown on Feb 19, 2024 8:13:00 GMT
Pensioners have paid into the system all their lives and are only getting a fraction of that back . What they have to cut back on is pension credits ,the top ups paid to those that haven't paid in and of course the benefits paid to the lazy feckers who spend their lives watching day time tv . But the basic state pension was what we signed up for which allows most to cut back their working hours or stop altogether if that's what they want to do .Its really nobodies business but theirs a couple of things here. 1. Pensioners don't get back "a fraction" of what they pay in. If that was true it would be a sustainable scheme, but instead it's a ponsi scheme. 2. Pension Credit is for the pensioners with the lowest incomes. Nothing to do with laziness or daytime telly. |
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Post by jonksy on Feb 19, 2024 8:16:13 GMT
Pensioners have paid into the system all their lives and are only getting a fraction of that back . What they have to cut back on is pension credits ,the top ups paid to those that haven't paid in and of course the benefits paid to the lazy feckers who spend their lives watching day time tv . But the basic state pension was what we signed up for which allows most to cut back their working hours or stop altogether if that's what they want to do .Its really nobodies business but theirs a couple of things here. 1. Pensioners don't get back "a fraction" of what they pay in. If that was true it would be a sustainable scheme, but instead it's a ponsi scheme. 2. Pension Credit is for the pensioners with the lowest incomes. Nothing to do with laziness or daytime telly. And how about those who die before they reach pension age or those that die in a short while after retiring? |
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Post by Fairsociety on Feb 19, 2024 8:40:04 GMT
a couple of things here. 1. Pensioners don't get back "a fraction" of what they pay in. If that was true it would be a sustainable scheme, but instead it's a ponsi scheme. 2. Pension Credit is for the pensioners with the lowest incomes. Nothing to do with laziness or daytime telly. And how about those who die before they reach pension age or those that die in a short while after retiring? Exactly, and now they want to push state pension retirement age to 70. |
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Post by andrewbrown on Feb 19, 2024 8:50:04 GMT
a couple of things here. 1. Pensioners don't get back "a fraction" of what they pay in. If that was true it would be a sustainable scheme, but instead it's a ponsi scheme. 2. Pension Credit is for the pensioners with the lowest incomes. Nothing to do with laziness or daytime telly. And how about those who die before they reach pension age or those that die in a short while after retiring? What about them? |
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Post by Dogburger on Feb 19, 2024 8:57:15 GMT
Pensioners have paid into the system all their lives and are only getting a fraction of that back . What they have to cut back on is pension credits ,the top ups paid to those that haven't paid in and of course the benefits paid to the lazy feckers who spend their lives watching day time tv . But the basic state pension was what we signed up for which allows most to cut back their working hours or stop altogether if that's what they want to do .Its really nobodies business but theirs a couple of things here. 1. Pensioners don't get back "a fraction" of what they pay in. If that was true it would be a sustainable scheme, but instead it's a ponsi scheme. 2. Pension Credit is for the pensioners with the lowest incomes. Nothing to do with laziness or daytime telly. I was suggesting the benefits paid to the stay at homers should be cut before they even look at pensioners not that they had anything to do with it . Pension credits (as far as I'm aware ) are for those who haven't paid enough contributions and get a reduced pension ,the credits brings them up to or close to the full state pension . |
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Post by jonksy on Feb 19, 2024 8:57:30 GMT
And how about those who die before they reach pension age or those that die in a short while after retiring? What about them? FFS Andy they won't be drawing out anywhere near as much as they paid in to their pension pot.. |
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Post by jonksy on Feb 19, 2024 9:02:12 GMT
And how about those who die before they reach pension age or those that die in a short while after retiring? Exactly, and now they want to push state pension retirement age to 70. I bet if all the facts were known and the maths done the DPP would be in credit mate. |
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Post by Fairsociety on Feb 19, 2024 9:03:23 GMT
FFS Andy they won't be drawing out anywhere near as much as they paid in to their pension pot.. Typical caring response from the lefties. |
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Post by Dogburger on Feb 19, 2024 9:08:49 GMT
a couple of things here. 1. Pensioners don't get back "a fraction" of what they pay in. If that was true it would be a sustainable scheme, but instead it's a ponsi scheme. 2. Pension Credit is for the pensioners with the lowest incomes. Nothing to do with laziness or daytime telly. And how about those who die before they reach pension age or those that die in a short while after retiring? Well they have paid into a scheme that hasn't paid out . The bean counters do the sums and work out whats affordable , part of the equation is life expectancy and the fact that some won't be making a claim . Of course for every person thats paid NI for 45 years and dies at 65 there is another person who has been in the country for 10 years and lives till they are 80 on pension credits . There are winners and there are losers |
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