MSE News: State pension system to be reformed

Former_MSE_Helen

This is the discussion thread for the following MSE News Story:

"The state pension system will be reformed and simplified to make sure it keeps pace with people living for longer ..."

Read the full story:
State pension system to be reformed

bilbo51

Nothing new here.

runninglea

save money at one end but pay more to youngsters whom cannot get a job

Rupert_Bear

Its not that along companies were getting rid of their staff at 50. Suppose 50 is the new 30 year old now.

Also does not seem fair on a two tier system. I receive my state pension in September 2015 and will be one of those who will miss out. Fortunately I have two private pensions.

jobdone1

They must just think we are all office workers 9 -5 monday to friday i work shifts in a safety critical role my retirement is looking to be seventy that will be interesting its a bloody joke people living longer my eye its all about extra tax and !!!!!! all back because you will die before or very soon after.:mad::mad::mad::mad:

Reaper

I saw a great cartoon once. It has a father and son looking at a rainbow and the father is saying "It's just like a pension. You never quite seem to reach it".

chris_m

2sides2everystory wrote: »

(d) the effect of EU migrants who choose to stay here and draw their pensions that if I understand it correctly may mean some kind of free pass (or EU 'contributions credit') that bypasses one or all of the above reductions the rest of us may have to endure?

Wouldn't they claim their pension from their home country?
I know when my parents spent ten years or so living in France, their pensions came from the UK, not France.

molerat

http://europa.eu/youreurope/citizens/work/retire/state-pension-claims-and-calculation/index_en.htm

When the time comes for you to claim your pension, you'll have to apply in the country:

• where you're living (even if you just worked there for a short time)

or

• where you last worked.

That country is then responsible for processing your claim and bringing together records of your contributions from all the countries you worked in.

If you've never worked in the country where you now live, you should apply to the relevant pension authority in the last country where you worked. Your application will then be processed there.

Leodogger

We are two people who are being disadvantaged by the two tier system coming in in 2015/16 as we are now getting our pension (during the last 12 months), but I was born 2/6/50 and my husband 18/9/46 and both get well below the £140 proposed for people who retire under the new state pension. We do not qualify for pension credit either as my husband has a small private pension which takes his income over the £10,500 he is entitled to but receives a state pension at present in the region of £120 per week which includes his basic pension, S2P and small amount of graduated pension. I only quality for 60% state pension at £65 per week with the increase recently, as I paid married woman's reduced contributions during my working life. Presumably though my pension would not be topped up when pension credits cease and also my husband's pension would stop me from claiming anything anyway. How can this be fair ?

Surely it is against our Human Rights to be excluded from a new basic state pension as this is age discrimination based on our date of birth ?

Is any organisation taking this to the ECHR ?

chris_m

molerat wrote: »

http://europa.eu/youreurope/citizens/work/retire/state-pension-claims-and-calculation/index_en.htm

Cheers, that explains it fine.

Dunroamin

JWhite wrote: »

We are two people who are being disadvantaged by the two tier system coming in in 2015/16 as we are now getting our pension (during the last 12 months), but I was born 2/6/50 and my husband 18/9/46 and both get well below the £140 proposed for people who retire under the new state pension. We do not qualify for pension credit either as my husband has a small private pension which takes his income over the £10,500 he is entitled to but receives a state pension at present in the region of £120 per week which includes his basic pension, S2P and small amount of graduated pension. I only quality for 60% state pension at £65 per week with the increase recently, as I paid married woman's reduced contributions during my working life. Presumably though my pension would not be topped up when pension credits cease and also my husband's pension would stop me from claiming anything anyway. How can this be fair ?

Surely it is against our Human Rights to be excluded from a new basic state pension as this is age discrimination based on our date of birth ?

Is any organisation taking this to the ECHR ?

Surely pensions, by their very nature, are age related?