New flat rate pension

PaulF81

And I suppose you could tell me what proportion of government spending will be for all 3 groups can you?

posh*spice

Jennifer_Jane wrote: »

Lots of things have been "unfair" on people, you just have to accept that. Some things are better for you and some things are worse for people.

Indeed lots of things would seem to be unfair. For example, "You" didn't pay my (or my peers) tuition fees and I couldn't make you.

Likewise, if me and my generation decide we don't want to pay for your pension then you can't make us.

Then we will see just how unfair life can be.

ukcarper

CLAPTON wrote: »

maybe you could tell us what the average pension is for existing pensioners

and what the expected average pension will be for the boomers

and what the expected average pension will be for those that will come after the boomers (say people born 1966-1986) although many of these will be rather young and so have plenty of time to improve their pension prospects

He has no idea as is reply shows

Mojisola

Isn't it going to very expensive to run two systems until all of us on the old pension die off? We could be around for another 30 years.

ukcarper

posh*spice wrote: »

Indeed lots of things would seem to be unfair. For example, "You" didn't pay my (or my peers) tuition fees and I don't want to pay for your pension - in the future I will vote not to pay your pension - then we will see just how unfair life can be.

It wasn't fair that I had almost no chance of a university education or taking A levels for that matter.

posh*spice

ukcarper wrote: »

I'm a boomer and I won't be getting more pension

Then you must be a very old boomer - I'm surprised you can use a computer;)

Werther's original - or do they play havoc with the dentures?

hethmar

ukcarper wrote: »

It wasn't fair that I had almost no chance of a university education or taking A levels for that matter.

Absolutely! We were out at work at 15 or 16 and contributing to the family income because our parents didnt have any money saved and none to spare for higher or even further education - their generation didnt dream of owning their own home or having spare money after their rent and essentials were paid for.

ukcarper

posh*spice wrote: »

Then you must be a very old boomer - I'm surprised you can use a computer;)

Werther's original - or do they play havoc with the dentures?

The changes come in, in 2017 anyone retiring before then won't get increase. In case of men anyone born before 1952.

Funnily enough I was working on computers before a lot of you were born.

posh*spice

High Earners & SAHMs

Are there any other concerns?

There are likely to be concerns that women from high-earning households who take time out to have children will not receive their National Insurance credits.
To gain the credits, a woman needs to be registered for child benefit.
Last week, the Government announced that households where one parent earns more than £50,000 a year will lose some of their child benefit, and those families in which one parent earns over £60,000 a year will lose it entirely.
The move has proved controversial, particularly since those families where both parents earn just under £50,000 each will keep their payments.
Ministers said today that in future, even if they do not think they will receive child benefit payments, women should register for it so they are on record, to ensure they get their National Insurance credits.

http://www.mirror.co.uk/news/uk-news/pension-shake-up-the-key-questions-answered-1534144

If you deregistered for Child Benefit just last week - now you should re-register!!!! !!!!!!

CLAPTON

PaulF81 wrote: »

And I suppose you could tell me what proportion of government spending will be for all 3 groups can you?

well, as you frequently post about the disproportate share of the cake boomers have/will have, I just assumed you had these figures to hand to illustrate your point.