Debate House Prices
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Current a level students won't get a pension till 77... Lets cut boomers pensions NOW
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Can you give me irrefutable evidence that life expectancy will continue to rise? I remember having the same argument about that silly house price graph, the one that he said "prices only ever go up" back in 2005.
Can you give me irrefutable evidence that the pension age is going up to 77? Different sides of the same coin
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
No because that's been cut in half to pay for the current boomer liabilities too.
Rubbish, you and I know your contributions are safe and can not be touched. I'm an ex- pay administrator, who dealt with forces pensions.
Your pension is only effected by your other personal income in future and that's your choice, and you would have to earn an awful lot and it is capped at a reasonable level. Remember, forces pensions have not been taken from your pay. They were automatically given (before tax and not a salary scheme), so never effected your pay and you never lost out. A good deal compared to other Civil servants, who have it taken out of their pay. You will only pay tax on it when you receive it, (just like everyone else) and pay the rate at which your income is assessed on retirement.
So easy to pick a group of people to blame, as long as your OK, agreed.Mortgage: Aug 12 £114,984.74 - Jun 14 £94000.00 = Total Payments £20984.74
Albert Einstein - “Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.”0 -
exarmydreamer wrote: »
So easy to pick a group of people to blame, as long as your OK, agreed.
Why do the OP and his ilk post this kind of garbage time after time just to get demolished time after time ? Some sort of internet masochcists presumably.No-one would remember the Good Samaritan if he'd only had good intentions. He had money as well.
The problem with socialism is that eventually you run out of other people's money.
Margaret Thatcher0 -
Can you give me irrefutable evidence that the pension age is going up to 77? Different sides of the same coin
I sometimes wonder if their will be a state pension, as we now know it, in a few years time as I think that in order to survive we can only advise that people to take out their own independent pension scheme(s) otherwise the way things are looking at the present, who knows.
It is almost impossible to predict the state of the economy in next five years let alone looking ahead what could be many decades for our youth.
There was a time when some jobs were for life, not anymore.0 -
I sometimes wonder if their will be a state pension, as we now know it, in a few years time as I think that in order to survive we can only advise that people to take out their own independent pension scheme(s) otherwise the way things are looking at the present, who knows.
It is almost impossible to predict the state of the economy in next five years let alone looking ahead what could be many decades for our youth.
The universal state pension is as sacred as the NHS. Even though it is funded out of current government revenue, people consider that they have paid in for it via NI like any other pension fund. It is already taxable. No political party will dare mess with it substantially any time soon -- electoral suicide.No-one would remember the Good Samaritan if he'd only had good intentions. He had money as well.
The problem with socialism is that eventually you run out of other people's money.
Margaret Thatcher0 -
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The irony is, you don't see there is no difference between someone who doesn't pay enough into the system and expects benefits and private healthcare levels of care, and someone who is a serial benefits claimant.
From someone who has always paid into the system far more than they will ever get out, I find I have a damned righ to complain that my taxes will be frittered away because the boomers didn't, and still don't have the gall to accept what is right for us all and not just ok for them
You couldn't hack the RAF long enough to claim your pension (on leaving), as an officer you left to soon. Were you pushed or took redundancy?, pension changes were about April 2006.
You will receive a lovely pension, compared to private sector workers and lower civil servants and you can thank Mrs Thatcher for that one, as she increased forces pension/conditions and equipment after the Falklands. This was after the original changes in AFPS 75.Mortgage: Aug 12 £114,984.74 - Jun 14 £94000.00 = Total Payments £20984.74
Albert Einstein - “Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.”0 -
GeorgeHowell wrote: »The universal state pension is as sacred as the NHS. Even though it is funded out of current government revenue, people consider that they have paid in for it via NI like any other pension fund. It is already taxable. No political party will dare mess with it substantially any time soon -- electoral suicide.
That's true. The over 65's are the fastest growing age group in the UK by a long way, (with a lot of voting power)and that looks likely to continue indefinitely. But granted, it does make you wonder how any Government will manage to pay national pensions in, say, 50 years time.0 -
GeorgeHowell wrote: »Why do the OP and his ilk post this kind of garbage time after time just to get demolished time after time ? Some sort of internet masochcists presumably.
This discussion forum is not just for one political persuasion but for everyone. Accept it, you can't always be right and it takes two points of view to discuss, agreed.Mortgage: Aug 12 £114,984.74 - Jun 14 £94000.00 = Total Payments £20984.74
Albert Einstein - “Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.”0
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