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Grey Power?


observer

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Must be something in this "Grey Power" thing - seems the ConDems are to boost ALL State Pensions to ?140pw, which will allow them to scrap means testing - they must think the Grumpies are the only folk that still vote! Pity the rise will no doubt be swallowed up by increased care charges due to cuts in Council funding! :shock::wink:

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Whilst the Gov's thrust to simply the benefits system can be applauded; as with most things, the Devil is in the detail: The current system is means tested, complex and beaurocratic mess; with millions of pensioners NOT claiming their full entitlements (to pension credit for example). However, on the other side of this coin; a standard flat rate pension for all, REGARLESS of NI contributions, could be seen as a charter for the feckless, at a time when the Gov are trying to encourage savers (bit wasted on the grumpies dodging the grim reaper though!). What they need to consider is, do ALL grumpies vote; and which group form the majority of that vote? :shock:

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Apparantly not Diz.

Someone who has worked all his life and paid up his National Insurance contributions who retires 1 day before the implementation of the new pension in 2015 will get the basic pension of ?97 at today's rates, wherehas the chap who has lived on benefits all his life and paid no National Insurance who retires 1 day after the implementation will get ?140. :shock::evil: But we are all in it together. :roll:

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There always has to be a cut off unfortunately, that's the way it is. When you buy a car and then the following day or week they realease the same model with a sat nav built in for a thousand quid less, would you expect a free upgrade? (or would you actually get one should be the comment!)

 

I won't retire for a long time after that so plenty of time for the Liebour lot to get in, bankrupt the country again and leave me with no state pension at all!! :lol:

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Well in that case Wolfie I recon all the pensioners who will miss out on the increase should revolt. It should be the same amount for everyone after all it is a STATE pension and not a private one so there should be no difference in allowance rates or payments.

 

Gosh everyone will be falling out over it and it will be walking sticks at 10 paces at the post office :shock:

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There is the basic State Pension, PLUS an addition depending on one's record of NI contributions. Those who have paid NI all their working lives who receive a drop in their expected pension, will be none too pleased to see the feckless getting the same pension - and no doubt will vote accordingly. Meanwhile, youngsters will see absolutely no point in paying NI at all. Oh what a tangled web we weave etc! :wink:

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