| Pensions up 10.1% on 12:35 - Nov 17 with 2928 views | noggin |
How long before they increase the retirement age to pay for it. |  |
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| Pensions up 10.1% on 12:57 - Nov 17 with 2827 views | XYZ |
| Pensions up 10.1% on 12:35 - Nov 17 by noggin |
How long before they increase the retirement age to pay for it. |
He mentioned a review reporting early next year.
If you're currently under 45 I doubt you'll see a state pension before you're 70. |  | | |
| Pensions up 10.1% on 13:09 - Nov 17 with 2784 views | tractordownsouth |
| Pensions up 10.1% on 12:57 - Nov 17 by XYZ |
He mentioned a review reporting early next year.
If you're currently under 45 I doubt you'll see a state pension before you're 70. |
The state pension won't exist by the time I reach 70. |  |
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| Pensions up 10.1% on 13:16 - Nov 17 with 2756 views | Churchman |
| Pensions up 10.1% on 12:57 - Nov 17 by XYZ |
He mentioned a review reporting early next year.
If you're currently under 45 I doubt you'll see a state pension before you're 70. |
In 1925 the state pension age was 65. Average life expectancy was 58,31.
In 2020, average life expectancy was 81.15. Being very generous, I reckon state pension age should be immediately increased to 79. Seems fair to me. Obviously, there would need to be exceptions. Me. Just me. Because I deserve it.
Back to reality, I think you are right. Those people under 45 are unlikely to see a state pension before 70 and even then I reckon it’ll be means tested. Grrrr |  | | |
| Pensions up 10.1% on 13:23 - Nov 17 with 2707 views | Swansea_Blue |
I wonder if there is any reason why pensioners who comprise the largest Tory-voting demographic are getting a 10% pay rise, yet nurses have a 3% pay offer, the police a flat £1,900, university staff 3%, teachers 5%....
Still, it's not the pensioners' fault and not a race to the bottom, so good to see some people getting increases that keep pace with inflation. |  |
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| Pensions up 10.1% on 13:27 - Nov 17 with 2670 views | homer_123 |
| Pensions up 10.1% on 13:09 - Nov 17 by tractordownsouth |
The state pension won't exist by the time I reach 70. |
It will but it's be means tested. |  |
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| Pensions up 10.1% on 13:28 - Nov 17 with 2669 views | Zx1988 |
| Pensions up 10.1% on 13:23 - Nov 17 by Swansea_Blue |
I wonder if there is any reason why pensioners who comprise the largest Tory-voting demographic are getting a 10% pay rise, yet nurses have a 3% pay offer, the police a flat £1,900, university staff 3%, teachers 5%....
Still, it's not the pensioners' fault and not a race to the bottom, so good to see some people getting increases that keep pace with inflation. |
Your last sentence hits the nail on the head entirely - the whole shebang, if looked at in the wrong way, will only serve to heighten their beloved culture war.
I'm glad to see that some of those who most need it are getting the increases to their income that they so desperately need, but it just goes to show precisely where this government's priorities lie.
F**k the Tories. | |
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| Pensions up 10.1% on 13:37 - Nov 17 with 2621 views | XYZ |
| Pensions up 10.1% on 13:27 - Nov 17 by homer_123 |
It will but it's be means tested. |
It's already (effectively) means tested as it is taxable income. | | | |
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| Pensions up 10.1% on 13:37 - Nov 17 with 2631 views | Pinewoodblue |
| Pensions up 10.1% on 13:23 - Nov 17 by Swansea_Blue |
I wonder if there is any reason why pensioners who comprise the largest Tory-voting demographic are getting a 10% pay rise, yet nurses have a 3% pay offer, the police a flat £1,900, university staff 3%, teachers 5%....
Still, it's not the pensioners' fault and not a race to the bottom, so good to see some people getting increases that keep pace with inflation. |
The impact of inflation hits harder on low income households where food and household costs represent a larger percentage of outgoings.
Never seen any figures published on how many pensioners pay no income tax but it must be significant.
For the rest the tax collector will claw back 20% of it. In my case pension will rise by £15 a week and tax paid by £3 a week. For those in the new state pension the figures rise to £18 & £6. |  |
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| Pensions up 10.1% on 13:47 - Nov 17 with 2585 views | Churchman |
| Pensions up 10.1% on 13:23 - Nov 17 by Swansea_Blue |
I wonder if there is any reason why pensioners who comprise the largest Tory-voting demographic are getting a 10% pay rise, yet nurses have a 3% pay offer, the police a flat £1,900, university staff 3%, teachers 5%....
Still, it's not the pensioners' fault and not a race to the bottom, so good to see some people getting increases that keep pace with inflation. |
Not really keeping pace. RPI is 14.2 and given for many pensioners a high % of their income is going on high inflation items like food they are taking a pay cut. If they are relying on state pension only and they’re able to claim max new state pension, they’ll get about £884 a month to cover food, clothing, fuel, council tax, everything.
Hardly a kings ransom for what was in many cases a lifetime of work and national insurance contributions.
Sadly, your last sentence hits the mark - for the tories it’s precisely a race to the bottom. They’ve done it for years. If I was still working and my Union (PCS) called a strike for pay, I’d be fully supportive - just as I always was whenever it did take industrial action. | | | |
| Pensions up 10.1% on 14:48 - Nov 17 with 2452 views | tractordownsouth |
| Pensions up 10.1% on 13:23 - Nov 17 by Swansea_Blue |
I wonder if there is any reason why pensioners who comprise the largest Tory-voting demographic are getting a 10% pay rise, yet nurses have a 3% pay offer, the police a flat £1,900, university staff 3%, teachers 5%....
Still, it's not the pensioners' fault and not a race to the bottom, so good to see some people getting increases that keep pace with inflation. |
Your last sentence is correct. However, as a young person I find it really difficult not to fall into the trap. Watching every Tory budget it feels like if you're under 60 or don't have inherited wealth then you're an irrelevance. The only mention of housing in today's statement was about propping up prices, yet I doubt any more will be being built.
All the studies show that today's pensioners are taking out way more than they put in (again that's not their fault) and given the large size of that cohort, it's a huge demographic problem. Younger people like myself who will never own property are being asked to pay more and more each year to fund huge increases for the wealthiest generation in society, while being told we're greedy if we want the same benefits. It's a massive timebomb because most of us will be stuck paying extortionate rents forever and won't be able to do that on the state pension (which is why I predict it won't exist when I reach that age.)
Of course, I'm fully aware there is pensioner poverty and those people should absolutely be getting increases, it's just a bit of a kick in the teeth that the same care isn't being shown towards low to medium earners of working-age too.
A lot of this issue is due to social care. If we could establish a national care service with staff given proper pay, these problems would be solved. Personally, I'd hugely increase inheritance tax to fund it - so much of this country's wealth is tied up in housing and the tax burden is far too heavily weighted towards earned income rather than unearned income and assets. | |
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| Pensions up 10.1% on 14:53 - Nov 17 with 2435 views | OldFart71 |
| Pensions up 10.1% on 12:57 - Nov 17 by XYZ |
He mentioned a review reporting early next year.
If you're currently under 45 I doubt you'll see a state pension before you're 70. |
Added to this it won't be long before pensioners just on the State Pension start paying tax because the rate at which you start paying tax is £12,750 and that is frozen until 2028. Also for those getting a private pension of a little over £2000 that will come pretty soon as well. | | | |
| Pensions up 10.1% on 16:46 - Nov 17 with 2246 views | RadioOrwell |
| Pensions up 10.1% on 12:57 - Nov 17 by XYZ |
He mentioned a review reporting early next year.
If you're currently under 45 I doubt you'll see a state pension before you're 70. |
You spelt "before you're dead" wrong. |  | | |
| Pensions up 10.1% on 17:06 - Nov 17 with 2213 views | usm |
The whole benefits system should be means tested / property assessed - it will surely have to be at some point because it is unsustainable in its current form, in my opinion.
Surely it is cost effective to employ people to properly check who needs benefits. In that way there should be plenty for those who do actually need it. At present it seems that everyone gets it, almost irrespective.
The furlough system was a classic example of that - so many received it but also continued working and some businesses got help whilst others didn't - seemingly based on who got in first, not on who needed it.
Seems a simple solution to me, but probably a vote loser so not likely to happen. |  |
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| Pensions up 10.1% on 17:10 - Nov 17 with 2191 views | chicoazul |
| Pensions up 10.1% on 17:06 - Nov 17 by usm |
The whole benefits system should be means tested / property assessed - it will surely have to be at some point because it is unsustainable in its current form, in my opinion.
Surely it is cost effective to employ people to properly check who needs benefits. In that way there should be plenty for those who do actually need it. At present it seems that everyone gets it, almost irrespective.
The furlough system was a classic example of that - so many received it but also continued working and some businesses got help whilst others didn't - seemingly based on who got in first, not on who needed it.
Seems a simple solution to me, but probably a vote loser so not likely to happen. |
They already are means tested. |  |
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| Pensions up 10.1% on 17:12 - Nov 17 with 2188 views | chicoazul |
| Pensions up 10.1% on 12:35 - Nov 17 by noggin |
How long before they increase the retirement age to pay for it. |
Why not, Brown did. Seems perfectly reasonable to me. | |
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| Pensions up 10.1% on 17:18 - Nov 17 with 2156 views | noggin |
| Pensions up 10.1% on 17:12 - Nov 17 by chicoazul |
Why not, Brown did. Seems perfectly reasonable to me. |
yEaH bUtLaBouR | |
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| Pensions up 10.1% on 17:26 - Nov 17 with 2141 views | chicoazul |
| Pensions up 10.1% on 17:18 - Nov 17 by noggin |
yEaH bUtLaBouR |
Tu Quoque is indeed an excellent way to argue and many people find it very difficult to cope with. | |
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| Pensions up 10.1% on 17:58 - Nov 17 with 2089 views | BlueBadger |
| Pensions up 10.1% on 17:06 - Nov 17 by usm |
The whole benefits system should be means tested / property assessed - it will surely have to be at some point because it is unsustainable in its current form, in my opinion.
Surely it is cost effective to employ people to properly check who needs benefits. In that way there should be plenty for those who do actually need it. At present it seems that everyone gets it, almost irrespective.
The furlough system was a classic example of that - so many received it but also continued working and some businesses got help whilst others didn't - seemingly based on who got in first, not on who needed it.
Seems a simple solution to me, but probably a vote loser so not likely to happen. |
You've got to cut a LOT of benefits to save money. And if you are, you are generally harming vulnerable people. Which ends up costing, just not 'at source'. |  |
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| Pensions up 10.1% on 18:05 - Nov 17 with 2075 views | Bugs |
| Pensions up 10.1% on 17:06 - Nov 17 by usm |
The whole benefits system should be means tested / property assessed - it will surely have to be at some point because it is unsustainable in its current form, in my opinion.
Surely it is cost effective to employ people to properly check who needs benefits. In that way there should be plenty for those who do actually need it. At present it seems that everyone gets it, almost irrespective.
The furlough system was a classic example of that - so many received it but also continued working and some businesses got help whilst others didn't - seemingly based on who got in first, not on who needed it.
Seems a simple solution to me, but probably a vote loser so not likely to happen. |
I would say UBI is the most simple solution. |  | | |
| Pensions up 10.1% on 18:17 - Nov 17 with 2037 views | BlueBadger |
| Pensions up 10.1% on 17:06 - Nov 17 by usm |
The whole benefits system should be means tested / property assessed - it will surely have to be at some point because it is unsustainable in its current form, in my opinion.
Surely it is cost effective to employ people to properly check who needs benefits. In that way there should be plenty for those who do actually need it. At present it seems that everyone gets it, almost irrespective.
The furlough system was a classic example of that - so many received it but also continued working and some businesses got help whilst others didn't - seemingly based on who got in first, not on who needed it.
Seems a simple solution to me, but probably a vote loser so not likely to happen. |
Also: why is it ALWAYS the services affecting the most vulnerable that are 'unsustainable'?
Surely closing some tax loopholes and empowering the fraud office would be FAR more cost efficient in terms of value for money? | |
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| Pensions up 10.1% on 18:34 - Nov 17 with 1974 views | HARRY10 |
| Pensions up 10.1% on 17:58 - Nov 17 by BlueBadger |
You've got to cut a LOT of benefits to save money. And if you are, you are generally harming vulnerable people. Which ends up costing, just not 'at source'. |
You would have uproar from those benefitting - employers, whereby the benefits system is an essential tool in subsidising and keeping wages down.
Daily Mail type guff about fraud may play well with the ill informed as does the twaddle that prisons are luxury hotels, but does not fit reality. Both Archer and Aitken were humbled by their experience inside and even as avowed righties spoke about the myths peddled.
Why not cut the subsidies to scroungers like private schools. Ensure they pay the same as any other business. But as long as the old favourites get trotted out, those areas are ignored. | | | |
| Pensions up 10.1% on 18:51 - Nov 17 with 1933 views | factual_blue |
| Pensions up 10.1% on 17:06 - Nov 17 by usm |
The whole benefits system should be means tested / property assessed - it will surely have to be at some point because it is unsustainable in its current form, in my opinion.
Surely it is cost effective to employ people to properly check who needs benefits. In that way there should be plenty for those who do actually need it. At present it seems that everyone gets it, almost irrespective.
The furlough system was a classic example of that - so many received it but also continued working and some businesses got help whilst others didn't - seemingly based on who got in first, not on who needed it.
Seems a simple solution to me, but probably a vote loser so not likely to happen. |
As a rule of thumb, you could say every 20,000 benefit recipients would need one hundred staff to deal with every aspect of a means-tested benefit (based on the staffing level of a DSS benefit office back in the day).
So if you're thinking of means testing every benefit paid, that would mean about 228, 000 benefit staff - more than 200% more than at present. Or to put it another way, a 50% increase in current total Civil Service staff numbers. |  |
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| Pensions up 10.1% on 18:55 - Nov 17 with 1911 views | factual_blue |
| Pensions up 10.1% on 13:23 - Nov 17 by Swansea_Blue |
I wonder if there is any reason why pensioners who comprise the largest Tory-voting demographic are getting a 10% pay rise, yet nurses have a 3% pay offer, the police a flat £1,900, university staff 3%, teachers 5%....
Still, it's not the pensioners' fault and not a race to the bottom, so good to see some people getting increases that keep pace with inflation. |
It's worth pointing out that Civil Service Pensions will also increase by 10.!% | |
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| Pensions up 10.1% on 19:23 - Nov 17 with 1833 views | peterleeblue |
| Pensions up 10.1% on 13:28 - Nov 17 by Zx1988 |
Your last sentence hits the nail on the head entirely - the whole shebang, if looked at in the wrong way, will only serve to heighten their beloved culture war.
I'm glad to see that some of those who most need it are getting the increases to their income that they so desperately need, but it just goes to show precisely where this government's priorities lie.
F**k the Tories. |
In fairness I am no Tory but they have increased benefits by the same % as well. |  | | |
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