58% and rising

[noahrab]

Ok.

It means you are a stupid.

Stupidy stupidy stupid.

Serious question now from me. How was the A9?

Oh FFS.

Anyway, back on topic, who holds this ‘pension fund’ that we all have a stake in?

[grantzer]

Oh FFS.

Anyway, back on topic, who holds this ‘pension fund’ that we all have a stake in?

Answer any question I have asked you,any one ever. Just pick one and attempt a stupid answer.
If you can stupid.

[noahrab]

Answer any question I have asked you,any one ever. Just pick one and attempt a stupid answer.
If you can stupid.

So no answer on this ‘pension fund’?

[grantzer]

So no answer on this ‘pension fund’?

So no answer on any question ever?

What about if I ask you a new one....

What did your momma tell you about a box of chocolates?

[noahrab]

So no answer on any question ever?

What about if I ask you a new one....

What did your momma tell you about a box of chocolates?

C’mon mate, tell us about the pension pot.

[noahrab]

Wasting your time.

If you don't know the current working population are paying the current pensions then therein lies the problem.

There's no pot, no fund, no pool.

Looks like we were both wrong.

Someone knows where it is and what it’s worth but won’t tell us.

[grantzer]

C’mon mate, tell us about the pension pot.

If you are never gonna answer a question you are not allowed to play.

[Returnofrros]

Looks like we were both wrong.

Someone knows where it is and what it’s worth but won’t tell us.

Lol,

Wonder how many barrells of oil it's worth.

I'm just delighted I've got a fund that I never knew I had.

[Returnofrros]

And I wonder if my fund will be paid in English £s, euros or Scottish groat.

It's kinda exciting.

[BCram]

I have always understood. That's why I said whatever funds used for pensions now would be used. The fact is there was a pension fund,and if it is now gone,then the UK government have spent that fund.

Now if the pensions are paid by the current workforce,why would independence make any negative difference? Life expectancy in Scotland is lower than in England,so any impact should be positive surely? Less pensioners =less pension liability.

I know you are not great at reasoning,and sometimes you need to go ask someone what your opinion is,so go with your other tactic,ignore any point you can't argue,and maybe use capitals to prove how right you think you are.

Just checking the time,is that you home from watching Celtic? Made good time from dingwall.....

You are right. The initial concept Beveridge post ww2 was to create a fund that provided an amount of money that was related to income earned over a working life. The value would lift the person out of total poverty. The concept changed over the years and an element of redistribution was introduced in the 70's. The link between a fund to payout pensions was broken. Public service pensions and the state pensions payable are calculated on an a actuarial basis and the difference between the amount collected from individuals and the amount due to be paid is £5.3 trillion. This is an actuarial calculation and isn't a simple lump sum. Noah is right. There is no fund of cash. The problem for Scotland is, and I stress I think, is that a straight per head of population gives Scotland about 10% of the total population of the UK. If you look at the actual levels of wages paid in Scotland we do not have nearly enough highly paid workers in the private sector to generate the equivalent level of taxes. It is a problem for the independence supporters to explain how they would solve it.