Retired people could work for pensions..

xylophone

green field development.

Should every green field in the country be covered with houses?
Is there to be no amenity space?

xylophone

I thought that you were in SERPS unless you'd contracted out and were paying into an occupational pension - it's one or the other, isn't it?

http://en.wikipedia.org/wiki/State_Earnings-Related_Pension_Scheme

PaulF81

paulmapp8306 wrote: »

I think raising the retirement age to the proposed 67 or 68 is OK. many people work until then anyway either through desire or necessity.

Those 2 or 3 years relief from liability for the government coffers would in themselves go a long way to reducing the national deficite.

What happens when it turns out that in order to pay boomer pensions liabilities to balance the budget, they have to raise the NPA again to fund the boomers earlier pensions? What happens then? I tell you what happens. The NHS budget, in particular the part that pays for boomer healthcare, has a scythe taken to it.

It's the only politically acceptable solution to the majority vote, especially the part that pays the lions share in taxation.
Welcome to UK plc 2025, courtesy for the gross mismanagement of the economy 1970-2010.

PaulF81

:cool::cool:

xylophone wrote: »

Should every green field in the country be covered with houses?
Is there to be no amenity space?

Nope, but want to tell me the acarage available for development for in return of granting 1% of green belt for new housing over the next 20 years? I can if you can't figure it out.

I drove for 20 minutes through Oxfordshire the other day without seeing a single house. Including farmhouses.

PaulF81

paulmapp8306 wrote: »

If you live in a foreign country, then return to the UK for retirement and have not paid into the system - why should you be entitled to a state pension? Stay in the country you paid into and use their system. Thats not really the point though

.

Most expats pay their ni contribution. It's frankly a pittance compared to income tax and its the only part of taxation assessed in terms of pensions/nhs entitlement.

CLAPTON

PaulF81 wrote: »

What happens when it turns out that in order to pay boomer pensions liabilities to balance the budget, they have to raise the NPA again to fund the boomers earlier pensions? What happens then? I tell you what happens. The NHS budget, in particular the part that pays for boomer healthcare, has a scythe taken to it.

It's the only politically acceptable solution to the majority vote, especially the part that pays the lions share in taxation.
Welcome to UK plc 2025, courtesy for the gross mismanagement of the economy 1970-2010.

surprised you have stayed in the UK so long
there are still plenty of dictatorships that don't have to bother about democracy for you to migrate to.

PaulF81

CLAPTON wrote: »

indeed yes
the people who get the greatest per capital benefit from the NHS are those people that fought in the WW2 and left that massive debt of 250% of GDP for their children and grandchildren to pay off.

personally I think they are worth it.

Fine, NHS enhanced entitlement past 75 for those having served their country in ww2 or any conflict thereafter.

We have already established this. The 250% figure was distorted by post ww2 GDP and besides, the boomers paid very little once the inflation of the 70s had seen off the capital.

PaulF81

CLAPTON wrote: »

surprised you have stayed in the UK so long
there are still plenty of dictatorships that don't have to bother about democracy for you to migrate to.

Doing pretty well compared to us in the UAE and china. Well pointed out.

CLAPTON

PaulF81 wrote: »

Fine, NHS enhanced entitlement past 75 for those having served their country in ww2 or any conflict thereafter.

We have already established this. The 250% figure was distorted by post ww2 GDP and besides, the boomers paid very little once the inflation of the 70s had seen off the capital.

complete rubbish

the 250% of GDP was the figure, the debt was reduced over an extended period of time

inflation was indeed a significant factor and so it will be again

the significance of the debt is that the repayments and interest lower the potential standard of living; all the people, youn,g medium and old shared that reduced living standard.

whilst suffering that lowered standard of living, those people invested heavily in rebuilding the infrastucture of this country so that people like you can benefit from the existing infrastructure, education, health etc for which you have made only a modest contribution

ukcarper

Doesn't look you are paying much more tax now.

Blue line Tax as % of GDP