New pension proposals

jebervic

I am 50, 51 in march, can someone tell me what the new proposals mean to me? iI work in the NHS and apparently people who are within 10 years of their normal retirement age will keep their current pension arrangements according to the announcement today. does this mean my pension will stay exactly the same (as the normal current retirement age is 60 for the NHS). or do they mean within 10 years of the normal "state" retirement age.

Dr_Wu

Yes, it refers to the current NHS pension age so you will still be able to take your pension and go at 60, but.............

Only if we don't strike however, because if we do then the offer will apparently be withdrawn!!

Bottom line, it's all still a bit up in the air, none of the details are definite yet

michelle1506

jebervic wrote: »

I am 50, 51 in march, can someone tell me what the new proposals mean to me? iI work in the NHS and apparently people who are within 10 years of their normal retirement age will keep their current pension arrangements according to the announcement today. does this mean my pension will stay exactly the same (as the normal current retirement age is 60 for the NHS). or do they mean within 10 years of the normal "state" retirement age.

I think I heard on news that unless the proposals made today are accepted what was on offer is open to change.

atush

So take up the offer and decline the advice of your union I say.

grizzly1911

atush wrote: »

So take up the offer and decline the advice of your union I say.

Divide and rule springs to mind;)

That is potentially 25% of votes brought.

I think their needs to b ea more staggered/linear years left approach rather than a blunt 10 year cut off.

atush

Divide and rule? Not really, but they can decline to listen to their unions on this issue and vote to take up the offer.

A linear approach might be more fair, but I think a 10 year cut off will mean that those who are further away from retirement will have more than 10 years to make any adjustments. Is more time than my OH got when his pension age was raised.

NAR

All the examples quoted about enhanced pensions are a pile of c r A p! Of course the end pensions are larger - everyone will be working for 5 extra years and also making extra contributions for those 5 years. Don't be fooled by this. :mad:
The only concession made worth talking about is for the over 50's as at 1 April 2012. :T
How long has it taken the Government to start to negotiate, instead of imposing. They know they are on a loser here, everyone just has to stand strong!

atush

Everyone doesn't have to stand strong. Many of us out there want the proposals to go thru.

NAR

atush wrote: »

"Many of us"

Is that four, five, thousands . . . ? Based on your opinion? :rotfl:

atush

No, the private sector workers. Plenty of them here, and saying the same.............................

NAR

Oh so not those directly affected. Typical "I can't have it, so your not getting it" attitude. Go sort your own private pension problems out and leave us to sort ours with our employers.