Quote Originally Posted by shaded View Post
Difference being most of todays pensioners have paid into the pot throughout their working lives,god knows what will happen in 20/30 years time when todays drug problem people start drawing their pension after very very little contribution into the pot,if they live that long
The govt ripped off most still to become pensionable age folk with the new flat rate pension.

Those currently receiving the state pension had and will continue to have a far better deal.

For example.

I did a quick calc based on a few assumptions and I would have to live to 108 to receive the same state pension my father receives now.

That's unlikely.