Argentina

[BCram]

Easy to understand for those with a grasp on reality.

Rules you out.

I think that there used to be a graduated contribution to NI. That did help to increase the amount of pension. Having said that Rross is correct in saying that the state pension is calculated with reference to the number of years it has either been paid for, or accumulated under an agreed process.

[Returnofrros]

If you were in a contracted out scheme for a lot of years you will get less but most schemes contracted back in ....in the 90s

[noahrab]

Between paying NICs ( sometimes very little, sometimes a lot ) and my NI credits I have 41 years.......it dosent matter if I become chairman of Shell and pay thousands in NICs I ain't getting a bigger state pension than I have already been promised.

I have my full quota of years, just like anyone else who has 35 years contributions whether through work or qualifying benefits.

Yep, not difficult to understand for most on here.

Chairman of Shell shouldnt get a state pension though.

[noahrab]

If you were in a contracted out scheme for a lot of years you will get less but most schemes contracted back in ....in the 90s

Again more sense and basic knowledge.

[BCram]

If you were in a contracted out scheme for a lot of years you will get less but most schemes contracted back in ....in the 90s

Agree. That was the advice I took.

[noahrab]

Agree. That was the advice I took.

Safe to assume the advice wasn?t from daftyin on here.

[BCram]

Safe to assume the advice wasn?t from daftyin on here.

Was hoping for more insight into what changes might be made by Labour. Their trade union paymasters might have some concerns about their own pension pots and if they realise that they are not funded at all, unlike the private sector, they might actually see that their self interest is actually the same their lower paid colleagues who rely much more heavily on the basic state pension.

[noahrab]

Was hoping for more insight into what changes might be made by Labour. Their trade union paymasters might have some concerns about their own pension pots and if they realise that they are not funded at all, unlike the private sector, they might actually see that their self interest is actually the same their lower paid colleagues who rely much more heavily on the basic state pension.

Again if you don?t need benefits you shouldn?t get them.

[Deeranged]

State pension is a benefit, I've paid a contribution to the state pension my entire working life and I've been unemployed for four weeks in that time.

I also paid a contribution for 12 years into an RAF pension whilst bravely defending the nation from the red terror and fighting in a war against the evil Iraqis who thought they could just walk into Kuwait and set their oil rigs alight. That was on top of my state pension contributions. Payment of the RAF pension is also considered a benefit.

I am currently in receipt of my RAF pension and don't actually need it but am not in receipt of my state pension yet (bit to go).

Having gone short in wages for over forty years to pay those benefits to others I believe I 100% deserve to receive those benefits when my turn comes whether I need them or not and anyone who believes differently is just a bit of an idiot IMO.

[The AuldYin]

"Nothing has been deducted for pensions over the years"

[noahrab]

"Nothing has been deducted for pensions over the years"

Glad I educated you.

[Returnofrros]

State pension is a benefit, I've paid a contribution to the state pension my entire working life and I've been unemployed for four weeks in that time.

I also paid a contribution for 12 years into an RAF pension whilst bravely defending the nation from the red terror and fighting in a war against the evil Iraqis who thought they could just walk into Kuwait and set their oil rigs alight. That was on top of my state pension contributions. Payment of the RAF pension is also considered a benefit.

I am currently in receipt of my RAF pension and don't actually need it but am not in receipt of my state pension yet (bit to go).

Having gone short in wages for over forty years to pay those benefits to others I believe I 100% deserve to receive those benefits when my turn comes whether I need them or not and anyone who believes differently is just a bit of an idiot IMO.

Got this vision of you in John mclaine style white vest shouting yipeekye EEE mother****ers......at the Russians.

It's a bit disconcerting.

In other news ......I predict a riot if they means test state pension or introduce a ridiculously low wealth tax.

Personally I've included state pension in my planning so my plans go AHH to **** if I don't get it.....wouldn't get the flat in Corralejo. 🥳

I'll be damned I don't get it and some dingy diver, junkie or ****wit gets theirs.

[Returnofrros]

Was hoping for more insight into what changes might be made by Labour. Their trade union paymasters might have some concerns about their own pension pots and if they realise that they are not funded at all, unlike the private sector, they might actually see that their self interest is actually the same their lower paid colleagues who rely much more heavily on the basic state pension.

They are funded ....by AHH bugger else.

[BCram]

They are funded ....by AHH bugger else.

Paid for by everyone else, is that a fair system?

[noahrab]

Paid for by everyone else, is that a fair system?

Only if you need it.