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Labours pension threat - daily express

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Comments

  • "A Labour government will negotiate a sensible deal within three months of being elected."


    :rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:
    I am NOT a mortgage & insurance adviser - or anything to do with finance, that was put on by the new system I dont know why?!
  • Malthusian wrote: »
    Was the Prime Moose Wrangler Jeremy Corbyn's Canadian cousin when they struck that deal?

    Canada can more easily afford to give freebies to other countries' exchequers, it's a huge country with abundant natural resources and nobody lives there. The UK is the exact opposite.

    No. It’s just that the state pension in Canada is an actual pension rather than just a name. You need to work to get it and those who do get the same benefits based on years/contributions
    regardless of where they decide to live.
  • JoeCrystal
    JoeCrystal Posts: 3,382 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    No. It’s just that the state pension in Canada is an actual pension rather than just a name. You need to work to get it and those who do get the same benefits based on years/contributions
    regardless of where they decide to live.

    What do you mean by that? As far as I can see, the maximum pension is £672.53 per month or £155.19 per week if using today's exchange rate. The UK State Pension is £168.60 per week so slightly better than Canadian State Pension unless I am missing something here? Cheaper cost of living in Canada maybe?
  • JoeCrystal wrote: »
    What do you mean by that? As far as I can see, the maximum pension is £672.53 per month or £155.19 per week if using today's exchange rate. The UK State Pension is £168.60 per week so slightly better than Canadian State Pension unless I am missing something here? Cheaper cost of living in Canada maybe?

    UK has a weird system. A UK retiree gets higher pension if he moves to California from Ontario. Canadians pay the same, based on what you put into the system
  • UK has a weird system. A UK retiree gets higher pension if he moves to California from Ontario. Canadians pay the same, based on what you put into the system

    It certainly is weird whereby someone who has spent their life on the dole can get more than someone who has worked for 45 years.
    I am NOT a mortgage & insurance adviser - or anything to do with finance, that was put on by the new system I dont know why?!
  • nigelbb
    nigelbb Posts: 3,819 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Malthusian wrote: »
    Never said it did. It does however have a bilateral Social Security deal, as part of which US pensioners with UK State Pensions get inflation-linked increases.
    The bilateral Social Security deal is irrelevant it makes no difference to the cost of the UK paying pension increases. The UK just uses the bilateral Social Security deal as an excuse to short change pensioners who choose to live in other countries.

    Jeremy Corbyn has long been a campaigner against the iniquity of the post code lottery that decides whether pension increases are aid.
  • nigelbb
    nigelbb Posts: 3,819 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    cloud_dog wrote: »
    I don't suppose it makes any mention of where the party actually stands on Brexit, other than, we'll see what people think afterwards and go with the flow?

    Isn’t that what democracy is all about?
  • nigelbb
    nigelbb Posts: 3,819 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    cloud_dog wrote: »
    Why can't they just come out and say it. At least people would know with certainty one aspect they are voting for.

    They can’t give a recommendation until they have negotiated a new & better deal without the Tory red lines on customs union etc. It would be like a football agent asking his client to sign a contract with a new club before the salary has been agreed.
  • nigelbb
    nigelbb Posts: 3,819 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Malthusian wrote: »
    Was the Prime Moose Wrangler Jeremy Corbyn's Canadian cousin when they struck that deal?

    Canada can more easily afford to give freebies to other countries' exchequers, it's a huge country with abundant natural resources and nobody lives there. The UK is the exact opposite.

    Canada is giving no freebies just playing fair by their pensioners & paying the same pension to all no matter where they live. France does the same. Maybe all countries do & it’s just the UK that screws some pensioners living overseas.
  • zagfles
    zagfles Posts: 21,548 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Chutzpah Haggler
    nigelbb wrote: »
    They can’t give a recommendation until they have negotiated a new & better deal without the Tory red lines on customs union etc. It would be like a football agent asking his client to sign a contract with a new club before the salary has been agreed.
    The trouble is most Brexiteers wouldn't regard maintaining the customs union as a "proper" Brexit, so to them it would just be a choice of 2 types of Remain. Lots didn't even regard Theresa May's deal as a proper Brexit.

    Labour's referendum would solve nothing.
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