Hi,I am British born 1951 have been told i will get a state pension when I am 60 & 11 months old.The new laws have already come into force.
2007-05-20 01:06:45
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answer #1
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answered by Ollie 7
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Here in UK the usual age for retirement is 60 for women and 65 for men. The age at which a citizen retires and receives a state pension, will slowly be increased over the next twenty or so years so that 68 to 70 becomes the normal retirement age.
In terms of extending the working life of both men and women here in UK, what is most probably going to happen is that the school leaving age will be raised to 18 over the next few years. Doing this will more or less balance out the actual working life of the citizen, which in my case was from 1956 until 2006 - fifty years. Phew!
Took my full retirement in November 06. I have discovered that four of you worker slaves are each paying me my state pension every week. So, stop slacking and get back to work. You are all working for me. The pensioner.
2007-05-19 19:46:26
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answer #2
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answered by Anonymous
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Charity is partially incorrect.
Her comments about ages 62 and 65 are spot on, but one may not defer social security benefits past the age of 70 and one half years.
At 70 1/2 people are required to start drawing their Social Security Benefits and other tax exempt or tax deferred retirement accounts if they have not already started. As a benefit, there is no Social Security penalty for outside income as there is for people between 65 and 701/2.
Doc
2007-05-19 02:46:17
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answer #3
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answered by Doc Hudson 7
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65 years old is the age when one becomes a pensioner in most countries.
2007-05-19 02:30:20
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answer #4
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answered by FRAGINAL, JTM 7
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The age is set to rise beyond 68 in about 2015.
Like everything else that this government touches the net result is less of everything and more taxation.
2007-05-19 02:38:05
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answer #5
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answered by ANF 7
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65 in Ireland
2007-05-19 02:36:52
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answer #6
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answered by ravebaby 4
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i think the government should tell you when you leave full time education what age you will be retiring at, woman in the uk, thought they would retire at 60 now they have another 5 years to go. i think the goverenment should not be able to change this as people have paid all their lives for other people to retire at 60.
2007-05-19 03:14:12
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answer #7
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answered by Anonymous
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Well, I'm not a country, but I'll answer anyway.
In the U.S., where I presently live, it is 65. But you are able to retire a few years earlier if you accept reduced pension.
2007-05-19 02:43:10
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answer #8
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answered by skip742 6
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60 for women, 65 for men, that's in Romania.
2007-05-19 02:29:46
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answer #9
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answered by ally.secret 1
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65 in the U.S. Although you can start receiving limited benefits at 62 or delay benefits (for a greater return) indefinitely. However, if you are severely disabled or a dependent minor child (in extreme cases) you can receive benefits at any time.
2007-05-19 02:29:29
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answer #10
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answered by CHARITY G 7
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