MSE News: State pension age 'heading for late 60s'

Aegis

podoman wrote: »

I am a public sector worker, have just had 3 years of real terms pay cut,:( now 2 more years of real term pay cut :(as a result of the pay freeze:mad: announced by our millionaire prime minister. Would you want me at 70 with my shaky hands and dodgy eyesight using a sharp scalpel on you:eek: , doubt it who would but it looks as if you have that coming to you.

I shall now have to look for another job as I will have to retire at 62 due to my pension scheme conditions, my wife has lost her state pension for 6 years even though she has contributed fully towards it all her working life and now mine is to be delayed further. :(I have no working life left to fund top ups etc, unlike you young smart mouths who are denigrating public sector pensions. The pay and conditions are crap and now so is the pension and retirement, thanks a lot british public it has been nice serving you, NOT!!!!!!!!!:mad::mad::mad::mad:

Why not move into the private sector if you have it so bad in the public sector?

nearlyrich

I will be retiring when I want I will get my state pension when I am about 7 years older than I was promised when I joined but I have made my own arrangements along the way....

dunstonh

I am a public sector worker, have just had 3 years of real terms pay cut,:( now 2 more years of real term pay cut :(as a result of the pay freeze:mad: announced by our millionaire prime minister.

The prime minister's financial position is irrelevant to your situation.

I shall now have to look for another job as I will have to retire at 62 due to my pension scheme conditions

oh boo hoo to you. You are complaining about 62 where most people in the private sector will be looking closer to 68.

my wife has lost her state pension for 6 years

where did she lose it?

I have no working life left to fund top ups etc, unlike you young smart mouths who are denigrating public sector pensions.

You could have taken personal responsibility during your working life just like the "young smart mouths" are doing now.

The pay and conditions are crap and now so is the pension and retirement

No one forced you to do it. Plus, I suspect you severely underrate the pension you have.

thanks a lot british public it has been nice serving you, NOT!!

In the next life, learn to be responsible.

Old_Slaphead

podoman wrote: »

I am a public sector worker, have just had 3 years of real terms pay cut

At least you've had some increase - many of us in private sector have had cuts over that period - and we don't have a heavily subsidised pension to fall back on.

podoman

hope to see you in my surgery one day when I should be retired, hope you like the scalpel and the way the light flickers off it as my hand shakes with senile tremor.:D

podoman

dunstonh wrote: »

The prime minister's financial position is irrelevant to your situation.



oh boo hoo to you. You are complaining about 62 where most people in the private sector will be looking closer to 68.



where did she lose it?



You could have taken personal responsibility during your working life just like the "young smart mouths" are doing now.



No one forced you to do it. Plus, I suspect you severely underrate the pension you have.



In the next life, learn to be responsible.

I wonder if you are the eejit that mis sold me my life insurance policies that have so underperformed I will probably get back less than the original investment, then dissapeared in time to dodge the flak???

nrsql

podoman wrote: »

I wonder if you are the eejit that mis sold me my life insurance policies that have so underperformed I will probably get back less than the original investment, then dissapeared in time to dodge the flak???

The life insurance bit probably didn't underperform.
You were probably paying a large proportion lot for that and to support the advisor that sold it too you and others in the chain rather than for investment returns (however it was sold to you).
And possibly you were conned rather than mis-sold.

Bit of sympathy about public sector pensions but as the public sector has grown it's unsupportable so you have to be realistic about it. Unfortunately pensions carry quite a high risk due to their nature and you need to be cautious about how much you rely on them.

desparateforadvice

You all asume that people have a choice as to when they retire. That isnt the case at all. With companys and entities shedding staff through endless reorganisations the chances of being made redundant in ones 50's onwards is vitually guaranteed. do you really think that those people will be able to find another job. very difficult and very unlikely. Therefore you need the option to take a pension early. That option should be backed up by whether youve paid in enough to a sdcheme to allow it. It should not be the case that a meddling, ill informed, manipulative government such as ours should forceabley raise the retirement whichout any regard as to whether contributors have actually paid enough to finance such a retirement age. The state should bog off and stop interferring in peoples descisions as to have they live their lives if theve independantly financed their own retirements

nomoreboomandbust

roysterer wrote: »

Public Sector Pensions
Should be the first port of call for this government to tackle.
Police retirement at age 55 ?????????? its not that physical sitting in a patrol car waiting for the next motorist. You dont see them walking the streets where scumbags run riot ruining decent peoples lives, maybe if they did then the public would show more support towards them.

55 is nothing,many are still retiring at 48 for goodness sake, they will be picking up a gold plated pension longer than their working life.

The reason they were allowed to retire early was because (apparently) they wouldn't live much longer after retirement such was the demanding nature of the job. It seems that successive governments have been very slow in updating these outmoded pension arrangements for fear of upsetting the public sector, and so it has carried on until now when they have no option but to take action.

I really am not holding my breath though, when Lord Hutton said that the pensions were not gold plated, who was he trying to kid, based on final salary, index linked and guaranteed by the taxpayer,if that itsn't gold plated what is ? they don't have to worry that an equitable life situation might happen to them