Not entitled to JSA - I was a carer

tottybum

AsknAnswer2 wrote: »

I'm not forgetting about PC - particularly as I was the person who brought it up in the first instance.

You just aren't getting it, are you? It's not going in. I've wasted enough of my time in an attempt to explain it to you, there is little point in me trying to explain it in any more depth because it appears that you are out of your depth with the most basic of information that I'm trying to give to you.

Never mind, I tried.

I'm sorry but it is you that is not getting it.

No one need work a day in their life and they will get exactly the same income when retied as will someone who has worked at least 30 years.

If that is not simple enough to understand, maybe I am missing the point, but I don't think I am.

Sixer

tottybum wrote: »

I'm sorry but it is you that is not getting it.

No one need work a day in their life and they will get exactly the same income when retied as will someone who has worked at least 30 years.

If that is not simple enough to understand, maybe I am missing the point, but I don't think I am.

But going forwards, everyone will be forced to have a private pension and every employer will have to contribute (well, if you're full-time) - so this isn't an issue for anyone from now on.

Oldernotwiser

AsknAnswer2 wrote: »

The state pension is paid only if a person has made sufficient contributions over the qualifying years. It is only paid out to those who have put in over a specific period of time And you say I have a lack of knowledge!
:rotfl:

But, if you haven't contributed at all you get Pension Credit, which is far higher than the state pension, and your rent and council tax paid.

Not much "putting in" involved there!

ETA

I see our latest manifestation has had a go at answering this and, in this case, he's actually right.

Oldernotwiser

Sixer wrote: »

But going forwards, everyone will be forced to have a private pension and every employer will have to contribute (well, if you're full-time) - so this isn't an issue for anyone from now on.

Going forward, everyone will get the same amount of state pension, £140, whether they've paid in for years and not at all.

tottybum

Oldernotwiser wrote: »

But, if you haven't contributed at all you get Pension Credit, which is far higher than the state pension, and your rent and council tax paid.

Not much "putting in" involved there!

Agreed. Whilst there is Pension Credit in existence, there is absolutely no reason for anybody to work in this country.

I personally wish now that I had not worked so hard and put my health at risk. What for 20 odd quid a week extra on my pension over those that never work.

tottybum

Oldernotwiser wrote: »

Going forward, everyone will get the same amount of state pension, £140, whether they've paid in for years and not at all.

And that is supposed to encourage people into work and off benefits!

What a joke.

Sixer

Oldernotwiser wrote: »

Going forward, everyone will get the same amount of state pension, £140, whether they've paid in for years and not at all.

Isn't IDS considering £180 flat rate? No Pension Credit.

What I meant was, from 2012-2017, everyone will HAVE to take out a private pension, with contributions of 4% from workers and 3% from employers. So the issue of non-contribution goes away? People who work will certainly get more.

tottybum

Sixer wrote: »

Isn't IDS considering £180 flat rate? No Pension Credit.

What I meant was, from 2012-2017, everyone will HAVE to take out a private pension, with contributions of 4% from workers and 3% from employers. So the issue of non-contribution goes away? People who work will certainly get more.

Oh you do make me laugh!!!!!!!!

You are either far too young to know what has happened in years gone by or too old to care!

The government has been trying out these types of schemes for decades.

First we had NIGC which was supposed to give you an increase in your OAP for what you earned and how long you earned it. That didn't work!

Then along came SERPS. Another fantastic idea that if you put money in a pension scheme and the state contributed some as well, you would get a bigger OAP. That didn't work

Then along came the Stakeholder Pension. Same principle, but this time the employer put a bit in. That didn't work.

Then we had the 2nd Pension. Same thing, the more you put into the pot out of earnings, the more you will get out when you retire. That didn't work.

So now we are on version number 5. No different than the rest, except a new name!!
Will it work, will hell as like.

The only people that make money out of these schemes is the insurance industry. They charge annual fees, commissions and set up costs, that in the end take all of the growth for themselves.

AsknAnswer2

tottybum wrote: »

I'm sorry but it is you that is not getting it.

No one need work a day in their life and they will get exactly the same income when retied as will someone who has worked at least 30 years.

If that is not simple enough to understand, maybe I am missing the point, but I don't think I am.

Oldernotwiser wrote: »

But, if you haven't contributed at all you get Pension Credit, which is far higher than the state pension, and your rent and council tax paid.

Not much "putting in" involved there!

ETA

I see our latest manifestation has had a go at answering this and, in this case, he's actually right.

I'm not saying he isn't right in regard to the pension top up. I'm perfectly aware that PC tops up SRP. What I am saying is this:

This debate between me and tottybum started way back in the thread. Tottybum stated that he doesn't expect help from the government. I advised that if his wife doesn't claim CA she will not get the full amount of SRP. He stated that it doesn't matter because it would be topped up by PC (correct). I said yes it will be, but that, that defeats his argument in regard to not accepting help from the government because either she accepts CA now to get NI paid toward SRP or doesn't claim CA now and gets Pension Credit - either way government help will be accepted whether that be now or in the future - that's what I'm getting at.

If he meant what he said about not expecting assistance, they'd have a private pension which would ensure no PC and she'd be paying voluntary NI to ensure entitlement to the max state pension she could get.

Oldernotwiser

Sixer wrote: »

Isn't IDS considering £180 flat rate? No Pension Credit.

What I meant was, from 2012-2017, everyone will HAVE to take out a private pension, with contributions of 4% from workers and 3% from employers. So the issue of non-contribution goes away? People who work will certainly get more.

It might be £180, i don't think they know themselves.

It obviously isn't true that "everyone will HAVE to take out a private pension" as this won't apply to people on benefits.