wakeupalarm wrote: »
The public sector is once again being protected, but please bare in mind that it's not really a increase in NI for private(and public sector) final salary employees, rather it's the removal of a discount compared to what everyone else is paying in NI contributions.
Greenfieldgirl1 wrote: »
As one of the 400,000 women who have had their state pension date altered by almost 3 years, but who will fall 4 months short of the April 2016 date, I feel that I have been dealt a double whammy. I too will have contributed for over 30 years and will still be contributing for at least another 3 years. How unfair! I understand that people are living longer, but the government should have implemented one or the other.
SHEILA54 wrote: »
I got my pension 2 years ago and had already paid extra contributions to make them up from 36 to 40 years, based on my pension forecast. They then lowered it from 40 to 30 years but too late so I hadn't needed need to top up. I am 62 and get £110 a week as I had to stay at home and work part time as I had a teenager with depression and an eating disorder at the time.
Now it seems that I will be penalised again as I will not get the flat rate that others get.
Com ci com ca
ekeir wrote: »
As someone who is 65 in April 2016 I got quite excited when the chancellor announced that he was bringing forward the flat rate pension by a year. I thought the flat rate pension meant exactly that and anybody with the full amount of qualifying years would get £144. It is only now that I have seen this thread that I realise I wont get that amount because I was contracted out. I can see that this is fair but what annoys me is that with only three years until retirement I still don't know how much I will get.
zagfles wrote: »
It's likely to be what you were expecting under the old rules, it won't be less. It's possible the new rules would give you more, as they haven't announced how the contracted out deduction will work, but unlikely I'd say. So just assume you'll get what you were expecting and if you get more it's a bonus.
New plans have just been announced by the Government
DON'T assume your landlord covers you
Incl £2ish sun cream & £1.50 disposable BBQs