i had a goverment state pension forcast and im only age 32 and it said if i carry on earning what i do know when i reach pension age i will get an avarage of £130 a wk
are the goverment trying to make me old before my time and why did i recive this and is the amount a fair one has anyone else recived one of these ?
2007-03-11 17:54:15 · 3 answers · asked by grandriverrat2005 2 in Business & Finance ➔ Taxes ➔ United Kingdom
I'm 18 and I received one a few weeks back, saying I was entitled to a massive (laugh) £8.37!
The chances are that you'll have been sent one based upon your employement history, your age (most private pension schemes are started around 35) and also for your general benefit.
2007-03-11 18:03:57 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Sparman20, have you checked your forecast to ensure you have been given the correct Home Responsibilities Protection? If you have either worked or raised children (ie, taken no time out after the kids have reached 18) you should get something approaching a full pension.
2007-03-11 23:56:22 · answer #2 · answered by skip 6 · 0⤊ 0⤋
Your lucky mine it is £70.00 per week, I am 54 and I will receive it when I am 62 and 10 months, spent my life bringing children and working part-time , so I know where to come when I need a loan.
2007-03-11 18:10:02 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Pension contributions you pay now are an insurance for when you get too old to work, if you live that long.
2007-03-11 18:11:14 · answer #4 · answered by ANON 4 · 0⤊ 0⤋