They tell us there are not enough working people paying to support then old age pensions. Answer to this problem, raise the pension age to 3 score years and ten, the average age at which we die, thereby making sure most of us die before or within a few years after we can have a pension.
And about there not being enough working people paying into the scheme, we already paid all our working lives and the governments did not save our contributions. They stole our contributions. The working people of today are supposed to be paying into the fund for their pensions. We already paid for ours.
2007-11-26 14:31:17 · 8 answers · asked by Anonymous in Politics & Government ➔ Government
Scott J. I suggest you read my question again. I am AGAINST the government witholding pensions. I do NOT agree with their excuse that they are not funded sufficiently by people in work.
We appear to be on the same side except about understanding English
2007-11-26 14:53:45 · update #1
the uk state pension will not be around when i reach retirement age and im currently 24. the government has made bad investments with our contributions eg the nhs, military, farepak etc and you are right due to this there is a massive shortfall. they want us to work until the average life expectancy so less and less people will claim. the only answer is to have a private pension these days just to safeguard an income when you are elderly. its disgraceful that all working people will not see any of their contributions returned to them.
2007-11-26 16:31:35 · answer #1 · answered by zeecharlie 1 · 1⤊ 0⤋
People cannot have it both ways. On the one hand were are told there are not enough people of working age to pay for the UK State Pension and on the other hand were being told that UK has too many people.
Make your minds up time folks.
It takes about four working people to pay my UK State Pension on a weekly basis. If this number can rise to say 5 working people per pensioner, then things will get a lot easier and it may be possible to increase the State Pension by a small amount each year equal to that of the rate of inflation if not slighly higher.
The problem with the way in which the State Pension is paid, due to it being paid weekly/monthly by the work force at large, means that there is only ever a given amount of cash available with which to pay the UK State pension.
Daft or what?
You would think by now that someone back in the not to far off past would have come up with the wonderful idea of actually investing state money in enterprises so that it made a profit.
Let us go back several hundred years to a long time ago when England was just England. Here we have a bunch of sharp minded folk who formed themselves into Guilds and Livery Companies. How come these ancient Guilds and Livery Companies have survived for so many hundreds of year without going bust?
Simply put, the Guilds and the Livery Companies invested their money in land and property resulting in ever-lasting collection of rents etc.
Why was this not done with our UK Pension contributions?
Anyway slaves, back to work, you've got my UK State pension to pay.
Rude and vulgar Pensioner aged 66 old solider, drunkard and annoying sod.
2007-11-27 02:34:06 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Pension funds invest your pension money into shares. The PLC's pay dividends out on those shares. You and me would lose 22% tax on this dividend but the pension funds didn't.
Then along came a fat scotch git (Brown) who decided that he and the Government should get the tax off the pension funds dividends. And from that moment onwards pensions have gone down the pan and the blind still vote Labour.
I don't blame Labour, I blame the half wits that vote for them.
2007-11-27 04:02:54 · answer #3 · answered by Anonymous · 0⤊ 0⤋
You are right, but things will never change unfortunately. All governments will rip people off with taxes and then use lame excuses not to pay a decent amount of money to pensioners.
2007-11-27 11:11:48 · answer #4 · answered by flint 7 · 0⤊ 0⤋
Hi,I agree with you.I can refer to 2 people one has since died
my mam would have received a state pension she was lucky thanks to dad she got a war widows pension.She was well looked after.My neighbour & these are the people I believe should not get a pension never worked & had the cream. when we retire we will have nothing but the dregs to be honest I dread it & hope to save.
2007-11-27 11:58:54 · answer #5 · answered by Ollie 7 · 0⤊ 0⤋
Look UK government just take tax, NI, and rip us off. we should all rebel and quit work, sit back and live on benefits, then what will they do. I have worked and contributed for 30 years. What a waste of time, might as well pack up and go on benefits.
2007-11-27 00:15:02 · answer #6 · answered by ketkonen 7 · 0⤊ 0⤋
no, no and no.
what about houswifes who have not worked for years after looking after children, all of a suddn the maraige is broken they ussualy see no money from there husband and have no pension.
get real and respect people worse off than you
not everyone is a scrounger
2007-11-26 22:36:17 · answer #7 · answered by SJ 2 · 0⤊ 0⤋
No question !
2007-11-26 22:37:10 · answer #8 · answered by khorat k 6 · 0⤊ 0⤋