Never worked, state pension??

brewerdave

I blame his parents -ain't no way my kids would have been doing that to me in their 30s!! He is just screwing the system -- more fool us as a society, to let him!

anmarj

JohnB47 wrote: »

The info on that page is surely wrong. It suggests that the increase to age 66 for receiving sp starts for people born after 6th april 1960. But the gov.uk calculator says that my missus, born in sept 1955 will reach sp at age 66.

people born between 6 April 1960 and 5 March 1961 will reach State Pension age between 66 and 67

Which is right, if born between October 54 and 5 April 1960 their retirement age is 66, after april 1960 it starts rising Ie 66 and 1 month, 66 and 2 months and so on.....

Pollycat

anmarj wrote: »

people born between 6 April 1960 and 5 March 1961 will reach State Pension age between 66 and 67

As things stand at the moment.

No guarantee that the state pension age will not rise even further by the time this person is due to claim his pension.

anmarj

Pollycat wrote: »

As things stand at the moment.

No guarantee that the state pension age will not rise even further by the time this person is due to claim his pension.

There is that

zagfles

atush wrote: »

I can't point to any specific link as I dont have a filofax in my brain (nor google) but it has been put forward to restrict pensions for those with less than x amt of years paid in. It has not been made law yet as I say. given other countries do it, dont be surprised if it doesnt become law in the near future.

And people who are from places like Aus are legally resident, even if temporarily. So your 'non resident' option wasn't what I was talking about. They are resident(for a period), but if they dont pay in x amt of years, they cant claim a SP years down the road.

At the same time this was mooted, it was also muted that British pensioners could not pass on a 60% pension opportunity to foreign and non resident spouses. AS far as I can see, this was not only taken up, but will be extended to resident UK non working spouses (with transitional relief I think).

It was meant for those who were not born here nor resident long term. but will catch up some in the net (incl those who 'choose' not to work and sponge off parents. and will impact non working wives in the future once the 60% rule is stripped away.)

There will always be some sort of income support for pensioners. It's simply not going to happen that someone with no state pension record and who has lived in the UK all their lives will be left to starve.

Of course what they might do is reduce pension credit to the income support levels that the under 60's get (about £70 per week) rather than have the much more generous pension credit levels (about £140 a week) and similarly with the applicable amount (base for housing benefit etc) for pensioners.

In fact is seems they're combining HB/LHA into PC so maybe this would a way to sneak it in. Currently those living on benefits get a massive "pay rise" when they become pensioners.

Jaycee_Dove

seven-day-weekend wrote: »

If he was at retirement age at the moment, he would be eligible for Pension Credit to make his income up to:

£148.35 ...,single
or £226.50 .... a couple.
http://www.ageuk.org.uk/money-matters/claiming-benefits/pension-credit/what-is-pension-credit/

Any amount of Pension Credit entitles you to full Housing/Council Tax Benefit.

What he will get in 30 years' time, who can tell? However, I think it is very short-sighted of him to assume the State will provide more than the absolute minimum, which by that time might mean living in something like a hostel.

Just to put that into context, I reached SPA last year and had paid 42 years stamps. Worked throughout bar 3 years at college - a few as an employee to get a small amount of second pension but mostly as self employed, earning modest sums but enough to pay some tax each year.


I had my pension age put back from 60 to 61 and a half and when due would have received a total of £123 pw. Instead I chose to defer and after 18 months still would not get £148 if I took it now.


So he is playing the system really well as he is doing a lot better than I did working all my life.


I just miss out on the new SP that would have given me £155 pw instead of the £123 because it no longer denies equality to the self employed in the way that current rules do.


To be honest I can see why he is doing what he is because working all those years to get less is a pretty poor incentive.

atush

brewerdave wrote: »

I blame his parents -ain't no way my kids would have been doing that to me in their 30s!! He is just screwing the system -- more fool us as a society, to let him!

I agree. The parents raised him, and allow his current f*ckl*ss lifestyle. they are to blame.

System

This is merely an extreme illustration of the inherent snag in the welfare state. It was built in from the start, presumably spotted early on, but has been ignored by liberals and politicians ever since because there is no answer.

If you have a social support system that provides a safety net for the weakest, then obviously it becomes a potential lifestyle choice for others.

There is nothing that can be done about it. His lifestyle and attitude is not compulsory, if you don't like it and want to live differently, then just move on and get on with your own life.