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whooppee!! extravagant pension increase

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  • Yogibear
    Yogibear Posts: 459 Forumite
    Part of the Furniture 100 Posts Photogenic Combo Breaker
    jammin wrote: »
    It's called Ireland in English and no, the Irish state pension is not being reduced.

    well said,I`m fed up hearing this Eire stuff and mis-information from people who dont know the facts
    please do not pick on me for my grammar,I left school at fifteen and worked in the building trade for 55years ,

    Chalk and slate csc:D
  • chesky369
    chesky369 Posts: 2,590 Forumite
    I've just ski-ed my increase for the next two years on a very cheap and cheerful dishwasher :j

    New husband eh?
  • chesky369
    chesky369 Posts: 2,590 Forumite
    ......I was told when I deferred my pension, that the annual increases on the BSP would include the deferred amount, so am a bit miffed that this hasn't happened with this increase......

    Oh Jennifer Jane - how could you complain so? You should have realised that this is Zygurat's specialist area of expertise.

    ......Will you be buying second home in France :D

    Only if it's in the champagne district.
  • chesky369
    chesky369 Posts: 2,590 Forumite
    ......I'm sure anyone with a name like Jennifer Jane would be able to cghat up a taxi co......

    I think Zygurat lives in a parallel universe where pensioners flash a bit of thigh at taxi companies, who then rush around, begging for our customs at half-price.
  • Errata
    Errata Posts: 38,230 Forumite
    10,000 Posts Combo Breaker
    chesky369 wrote: »
    I've just ski-ed my increase for the next two years on a very cheap and cheerful dishwasher :j

    New husband eh?

    and no shirts and socks :T
    .................:)....I'm smiling because I have no idea what's going on ...:)
  • zygurat789
    zygurat789 Posts: 4,263 Forumite
    Part of the Furniture Combo Breaker
    chesky369 wrote: »
    ......I'm sure anyone with a name like Jennifer Jane would be able to cghat up a taxi co......

    I think Zygurat lives in a parallel universe where pensioners flash a bit of thigh at taxi companies, who then rush around, begging for our customs at half-price.

    I'm an over 60s taxi driver
    The only thing that is constant is change.
  • zygurat789
    zygurat789 Posts: 4,263 Forumite
    Part of the Furniture Combo Breaker
    chesky369 wrote: »
    ......I was told when I deferred my pension, that the annual increases on the BSP would include the deferred amount, so am a bit miffed that this hasn't happened with this increase......

    Oh Jennifer Jane - how could you complain so? You should have realised that this is Zygurat's specialist area of expertise.

    ......Will you be buying second home in France :D

    Only if it's in the champagne district.

    And the annual increase of £2.40 on the BSP did include the increase on the deferred amount. I'm in this too I'm not getting at anyone I just don't see anything to moan about.
    The only thing that is constant is change.
  • chesky369
    chesky369 Posts: 2,590 Forumite
    Hey zygurat - of the two of us, which would YOU say was the most moany?
  • chesky369
    chesky369 Posts: 2,590 Forumite
    What is BSP? But in the meantime, I quote from Paul Lewis of the BBC's money box programme (it's radio 4 so it must be right)

    "Radio 4's Money Box presenter Paul Lewis explains how the rise in the state pension does not apply to the whole sum.
    In December, the Chancellor said the "basic state pension" would increase by 2.5% in April.
    But this pledge did not apply to other parts of the state pension - such as SERPS and graduated pension.
    Nor did it apply to the extra amount earned by people who do not claim their pension when they reach 60 or 65. "

    Ha I now see what BSP is - basic state pension. well, it doesn't seem to include deferred pensions for the increase.

    By the way, when you say you're an 'over 60s taxis driver' do you mean you're over 60, or that your passengers are? Not taking the p. really would like to know.
  • Jennifer_Jane
    Jennifer_Jane Posts: 3,237 Forumite
    1,000 Posts Combo Breaker
    edited 17 March 2010 at 2:56PM
    zygurat789 wrote: »
    And the annual increase of £2.40 on the BSP did include the increase on the deferred amount. I'm in this too I'm not getting at anyone I just don't see anything to moan about.

    Wrong! This is the breakdown of the increase:

    Basic State Pension £60.54
    Post 97 Additional State Pension £7.50
    Extra - Basic State Pension (this is the deferred bit) £15.59
    Something extra to do with the deferral £1.98
    Graduated Retirement benefit £1.02
    Total (this is the breakdown per the Pensions letter) £86.63

    Previous:
    Basic State Pension £59.06
    Post 97 Additional State Pension £7.50
    Extra - Basic State Pension (this is the deferred bit) £15.59
    Something extra to do with the deferral £1.98
    Graduated Retirement benefit £1.02
    Total £85.15

    So: the first line item only is the increase of 2.5%
    Total increase in my pension is 1.7%.

    Jen

    PS - Jennifer Jane is not my real name, and er, a flash of my cellulite/thunder thighs would have any self-respecting taxi driver rushing off.

    Also, thinking about taxi services, whilst I can manage it, I will be keeping my car, otherwise my life would be totally restricted to my small market town, that has little in the way of theatre/restaurants etc and no cinema. 18 miles to the nearest town with these amenities (and friends), so a very expensive taxi cost - and as previously mentioned, I can walk into my own little town for shopping/library/swimming. With no car, your life can get very restricted, and that's no way to live.
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