Means testing the state pension a possibility?

marlon · Aug 8, 2017

Godsdog said:
Have you had a pensions forecast? I had mine 2/3 years back and think it said Ã¯Â¿Â½Ã¯Â¿Â½ÃÂ£140 and I contracted out of serps for 18 odd years,mines due next August

Yes I've had the forcast. Mine is a bit less than yours because I worked for company and paid into their pension scheme. I'm told I paid a bit less N.I. when I was working and therefore I get less state pension.

Get an up to date quote and then add 2.5% to allow for next april's rise, should be a pleasant surprise. :thumb:

Druncan · Aug 8, 2017

Just an explanation, re current Govt spending and economic theory. See:
http://www.economicshelp.org/blog/1113/concepts/keynesianism-vs-monetarism/

1900's theories still blindly applied to 22nd century fiscal planning,,,,

Now surprisingly to compound the problems, we are now living longer than expected, so it results in an even bigger pension gap and NHS drain.

Damm us all old fookers that just won't do the proper thing and expire,,,,, :thumb: Brew on!

Covrich · Aug 9, 2017

My ex worked in social policy did her masters in working pensions and all that , never really understood her job if I was honest I know she did some work for Gordon Brown and she told me back in 2005 state pension will not exist in years to come its completely unsustainable..

BarnBrian · Aug 9, 2017

Covrich said:
My ex worked in social policy did her masters in working pensions and all that , never really understood her job if I was honest I know she did some work for Gordon Brown and she told me back in 2005 state pension will not exist in years to come its completely unsustainable..

Was that your ex that was unsustainable?:whistle:

ElvisIsBeer · Aug 10, 2017

the problem is we're too sustainable

Covrich · Aug 10, 2017

ElvisIsBeer said:
the problem is we're too sustainable

As in people staying alive too long?

BarnBrian · Aug 10, 2017

Covrich said:
As in people staying alive too long?

I think Trump's trying to sort that one out!!

marlon · Aug 10, 2017

Moneybox on radio 4 yesterday, all about the state ponsion. Affordability etc, and how miserly it is compared with other developed economies. I found it very interesting. http://www.bbc.co.uk/radio4/programmes/b08zyv4v

PS just tried the link. It doesn't quite work, but you get the idea.. :-?

Means testing the state pension a possibility?

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