Is anyone thinking about voting

[noahrab]

It would seem that 'someone' lives rent free in your head.

Oh fkn please tell me you thought it was you🤣🤣🤣🤣

Now who lives rent free🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

[noahrab]

24 million welfare claimants in the UK.

They now count state pension as "welfare".....I don't but they do.

They count it as welfare so they can include it in the massive cuts that are in the post

When did it change?

[Deeranged]

24 million welfare claimants in the UK.

They now count state pension as "welfare".....I don't but they do.

They count it as welfare so they can include it in the massive cuts that are in the post

My RAF pension, which I contributed to, is also welfare.

[noahrab]

My RAF pension, which I contributed to, is also welfare.

Courtesy of the great British taxpayer.

[Returnofrros]

When did it change?

3-6 mths ago

[noahrab]

3-6 mths ago

Has it not always been part of the benefits system?

[Returnofrros]

Has it not always been part of the benefits system?

No really.

But the language has changed so they can justify changing it.

[BCram]

No really.

But the language has changed so they can justify changing it.

Exactly this. They made the decision decades ago not to fund the basic state pension because once everyone lived long enough to collect it, it was obvious that the cost of paying it out of a special dedicated fund was impossible.
Payment is made out of general taxation. Final salary schemes are funded in the private sector which is why, because of the expense, there are few schemes still available.
This change in perception allows politicians to claim that the state pension is a taxable benefit.
I wonder if final salary pension scheme beneficiaries might be excluded from the state pension if they were given tax relief on their payments into their pension pot.
There is something deeply worrying about our country just now. Two tier justice, youth service costs in conflict with pensioner service costs and a political system that is being manipulated by pressure to give up first past the post voting.
We're dooooomed!

[Dode craigie]

I don’t usually reply on the politics posts, but a can’t get my head around why anyone would vote green, to me the way the world is battling around oil. We need to drill drill drill , and greens would have us paying a fortune for foreign energy

[Returnofrros]

Exactly this. They made the decision decades ago not to fund the basic state pension because once everyone lived long enough to collect it, it was obvious that the cost of paying it out of a special dedicated fund was impossible.
Payment is made out of general taxation. Final salary schemes are funded in the private sector which is why, because of the expense, there are few schemes still available.
This change in perception allows politicians to claim that the state pension is a taxable benefit.
I wonder if final salary pension scheme beneficiaries might be excluded from the state pension if they were given tax relief on their payments into their pension pot.
There is something deeply worrying about our country just now. Two tier justice, youth service costs in conflict with pensioner service costs and a political system that is being manipulated by pressure to give up first past the post voting.
We're dooooomed!

Despite my stance that pensioners get far too many concessions I honestly believe anyone who has done their 30 years deserves whats been promised.....their state pension.

Any financial planning for retirement starts with the questions around state pension entitlement.

People have been planning their retirement around the amount they will receive from state pension.

If people think the so called waspi women kicked up a stink for having selective memory and not watching the news for ten years I can assure you that would pale into insignificance if they means test or worse deny folk their state pension.

I would think 95% of people need their state pension in retirement to either survive or have a reasonably comfortable retirement.....very few can do without it.

I consider myself to be relatively well off but having to find another £24 k a year idex linked for Mrs sunshine and I would be fairly difficult if not impossible.

State pension is the first brick in financial retirement planning, take that brick away the whole house of cards collapses.