or over here!
That's some of the great brit humor from a question I asked a while back. Thought I'd pop over again.
Can someone give me a brief explanation of your old age pensioner system?
Is it like our SS, where you contribute over time and receive back based on earnings and age of retirement?
Is it a real pension just based on age or years worked, totally funded by the government?
Any other programs as a support system for us old ones?
(I hope that "brit" is not considered derogatory, if so I apologize)
2007-09-11 09:35:30 · 7 answers · asked by Anonymous in Society & Culture ➔ Cultures & Groups ➔ Senior Citizens
Overall sort of like the jumble we have over here. Thanks all. (I'll watch that "brit" from now on, sorry)
2007-09-12 10:09:41 · update #1
The pension is known as chicken feed meaning not enough to feed a chicken.
2007-09-13 07:57:49 · answer #1 · answered by ? 5 · 1⤊ 0⤋
For years we thought that our national insurance stamp paid towards our pension and was placed in a fund by HMG.
We now find it was not, itjust goes into general taxation . There is a basic pension of about £80 per wek but this is topped up by various other allowences. The matter is now so complicated that even those admionistering the system do not fully understand it
2007-09-11 18:04:59 · answer #2 · answered by Scouse 7 · 2⤊ 0⤋
You get a pension if you have contributed over the years of employment. Contributions are compulsory and you can also pay into private pension schemes. The Government think they are being generous if they give you another 75 pence a week, so don't expect too much from your pension scheme.Brit is not a very nice way to address us it is equivalent to us calling you Yanks.
2007-09-11 17:09:33 · answer #3 · answered by Anonymous · 1⤊ 1⤋
Every British citizen who has paid taxes recieves a pension. Women recieve theirs before men but the age will soon be equal. I think it's 60 for women and 65 for men.
Every man and women will recieve a basic amount and it is VERY BASIC, barely enough to get by. I think everyone recieves the same basic amount but some older people recieve other allowances for certain things.. Like for example if they have very bad health, can't walk.. some people get winter allowance so that they can afford heating in the winter.
I think this is right.. lol I am British but I don't know that much about it. Sorry if it's not!
2007-09-11 16:48:58 · answer #4 · answered by Anonymous · 1⤊ 1⤋
What scouse said, but bear in mind that over the years we have not had to pay for our children to be educated, or for any health service we may need. Depending on where you live you also get free travel in that area. We also get £200 in the winter for fuel costs or £300 if over 80 and pregnant women get maternity allowance and child allowance. It all adds up over a life-time.
2007-09-12 07:35:49 · answer #5 · answered by Yoda 4 · 1⤊ 0⤋
it's true what the others have said some people pay into a private pension as well they get both then
2007-09-12 10:43:11 · answer #6 · answered by Diamond 7 · 1⤊ 0⤋
All of the above.
2007-09-12 05:30:22 · answer #7 · answered by Roxy. 6 · 0⤊ 0⤋