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2009 Pension Increase

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  • thefenman
    thefenman Posts: 238 Forumite
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    EdInvestor wrote: »
    Why? The state pension is taxable, whereas the 60 quid is tax free.

    I know that, but if the rise had been brought forward, one would still have 80% of it.
  • thefenman
    thefenman Posts: 238 Forumite
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    margaretclare wrote: »
    If you're no longer a taxpayer you may find that it's pretty pointless having a cash ISA. You may be better served by having a look around for another savings account which pays better interest. I've recently done so. With age-related personal tax allowance I'm no longer paying any tax so I transferred the funds in my cash ISA into an internet saver account which is paying better interest than the cash ISA.

    I am a tax-payer.
  • molley
    molley Posts: 528 Forumite
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    thefenman wrote: »
    That's not what I said!

    True.Those weren't your words .What you said was

    "that we don't get the rise brought forward 3 months as implied in Darling's less-than-specific speech in The Commons."

    You are getting £60 paid instead of the rise being paid week by week from Jan to April and after that the rise will be paid as part of your State Pension . Do you mean you thought the rise would be paid from Jan and the £60 paid on top? If so then I can understand that as that was my initial thought but I soon realised the true situation .
  • molley
    molley Posts: 528 Forumite
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    thefenman wrote: »
    I know that, but if the rise had been brought forward, one would still have 80% of it.

    So what is 80% of the rise times the number of weeks from Jan to April compared to £60?
  • jhelectric
    jhelectric Posts: 1 Newbie
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    The £60 payments are being made starting from the Monday 12th January... don't spend it all at once !
  • hansi
    hansi Posts: 3,001 Forumite
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    Thank you. A few more G+t's on my hols:beer:
  • sicker
    sicker Posts: 1,370 Forumite
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    Not there yet but my 'early payment' £60 is included in the balance on my account to-day so it will be avaiable this Monday
  • cyclonebri1
    cyclonebri1 Posts: 12,827 Forumite
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    hansi wrote: »
    Thank you. A few more G+t's on my hols:beer:


    Which is why there are so many hovering anti benefitsters on here:o
    I like the thanks button, but ,please, an I agree button.

    Will the grammar and spelling police respect I do make grammatical errors, and have carp spelling, no need to remind me.;)

    Always expect the unexpected:eek:and then you won't be dissapointed
  • molley
    molley Posts: 528 Forumite
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    cyclonebri1 wrote: »
    Which is why there are so many hovering anti benefitsters on here:o

    You had a humour bypass?
  • hansi
    hansi Posts: 3,001 Forumite
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    My £60 is in the bank today :beer:
This discussion has been closed.
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