Why is the pension pot empty?
2006-08-02 10:23:45 · 17 answers · asked by jdw 2 in Politics & Government ➔ Other - Politics & Government
Someone had to pay the war loans.
2006-08-02 10:32:09 · answer #1 · answered by Rachel 2 · 0⤊ 0⤋
Human agencies exist to live on and any perceived advantages vacation contained in the decrease back seat. The union in Wisconsin would not pay for the pension, Wisconsin does. regrettably, it really is not only union pensions that are in hardship, maximum deepest pension plans are unsustainable besides. This recent economic gadget has crippled many industries. i'm prepared to artwork till I die, won't be able to be certain the different option at the moment.
2016-11-27 21:37:39 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Unmarried mothers too lazy to work just keep popping out kids get given free council house rabbit hutches to pop out more. That's where all the money goes from the pension pot has gone
2006-08-02 22:01:51 · answer #3 · answered by reggie 4 · 0⤊ 0⤋
Depends where your pension is.
The problem is that people paying into pensions now are subsidising those who have previously retired and are outliving the life expectancy supposed when their pension rights were set.
In addition to that it is projected that whats going in will not cover everybody who retires and lives a longer life in future.
2006-08-02 10:34:33 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Hey wake up dude I got it
Right me and thousands of other defense contractors.
I make clips for belted ammo and get more money than you could believe.
Go big Red Go
2006-08-02 10:28:43 · answer #5 · answered by 43 5 · 0⤊ 0⤋
Poor Stock market performance, people living longer.
2006-08-02 10:44:43 · answer #6 · answered by cognito44 3 · 0⤊ 0⤋
Gordon Brown borrowed it to pay for other government spending (Millenium Dome ring any bells?), then did nothing to replace it.
Basically it's all his fault, he and Tony Blair are leaving one hell of a financial mess.
2006-08-02 10:28:53 · answer #7 · answered by Anonymous · 0⤊ 0⤋
The population is living too long & there are millions more OAPS than were anticipated a generation ago.
2006-08-02 10:30:17 · answer #8 · answered by monkeyface 7 · 0⤊ 0⤋
Younger generation are not contributing enough like the older generations.
2006-08-05 20:03:26 · answer #9 · answered by Anonymous · 0⤊ 0⤋
cos the politicans have to have 15 cars and 10 houses each with the money....
2006-08-02 10:27:29 · answer #10 · answered by ♥new baby born xmas eve 4 · 0⤊ 0⤋