2006-11-05 22:33:07 · 6 answers · asked by fredot 1 in Business & Finance ➔ Personal Finance
You will get a state pension, no idea how much it is though but you wont be living the high life put it that way.
2006-11-05 22:41:41 · answer #1 · answered by Annie M 6 · 0⤊ 0⤋
You won't get "Income Support" when you retire from work. You will receive a pension. Income Support is a benefit paid to people who are out of work and actively seeking employment. If you are retired you won't be.
2006-11-06 06:52:52 · answer #2 · answered by Anonymous · 0⤊ 0⤋
At employment, 2.5% of pay is deducted from a staffer's wage. this fund is managed for the employee untill retirement. At retirement the management of the organisation adds about 75% of their own fund to the funds deducted. this amount is called emolument. the total amount is therefore paid to the staff at retirement.
2006-11-06 06:41:52 · answer #3 · answered by Nnamsco 3 · 0⤊ 0⤋
I'm 56 and the stock market wiped out any hope I had so I guess we are screwed. I think I'll just work till I die.
2006-11-06 06:36:11 · answer #4 · answered by super stud 4 · 0⤊ 0⤋
Where do you live? If you live in Nothern Europe the news are good, anywhere else...check the figures and try not to be too disappointed.
2006-11-06 06:41:57 · answer #5 · answered by veroniki 2 · 0⤊ 0⤋
ring the dhss they will help you
2006-11-06 06:35:57 · answer #6 · answered by Cat Woman 1 · 0⤊ 0⤋