Pension age up to 68

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I thought this was announced ages ago. I see it raising to 70 in the future. I have plans in place to retire when I am 55(20 years time)
 
I thought this was announced ages ago. I see it raising to 70 in the future. I have plans in place to retire when I am 55(20 years time)



This week's announcement was that they brought it forward a few years from when it was planned.


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For all you youngsters who apparently dread "growing old" (i.e. living past 60) let me tell you that the old joints may get creaky and bits may start to fall off but if your married to someone like SWMBO then you will just have to soldier on!

The "perfect house" that we bought aged 67 years has needed:

o a bath ripped out and replaced by a shower,

o a new conservatory,

o a new garage roof,

o a new lean-to for the washing,

o a new 8'x12' shed put in place,

o the garage partitioning,

o a new sliding door into the bedroom,

o a completely new door knocked through into the conservatory,

o old electric cooker removed and new gas cooker installed,

o old gas heaters removed and new electric storage heaters installed.

Memory is going so that's all I can remember in terms of the work, but I can well remember who did it all.

This decrepit old bugger who now has new knees and suffers from arthritis and lives with a SWMBO who won't let me just vegetate and grow old gracefully! :doh:

Happy Days! :thumb:
Hey Dutto
Are you sure you and I aren't married to the same woman. I'm still working offshore at 68 and coming home to the never ending job list from SWMBO.
Arthritis in various body parts but can still knock out ten handstand pushups.
Brian
 
Hey Dutto
Are you sure you and I aren't married to the same woman. I'm still working offshore at 68 and coming home to the never ending job list from SWMBO.
Arthritis in various body parts but can still knock out ten handstand pushups.
Brian

You obviously don't listen to reports on the subject of "Husbands who work away!"

I have yet to see ONE report that doesn't stress how the little woman, left at home to cope on her own, suddenly turns into Superwoman!

According to the reports, some of them could even change a light bulb ... :thumb:

... but what the reports fail to add is that ALL of them could make a "List"! :whistle:


BTW

You may be old enough to remember the Aberdeen P&J's report when they let women work offshore.

The report contained a comment like ...

"The women may inflame the passions of offshore workers."

I actually met the two women concerned and they were both lovely ladies ... :thumb:

... but I think their employers "weighed them rather than interviewed them" if you know what I mean! :whistle:

Keep on trucking. I need someone to work and pay my pension! :thumb:
 
I'm 35 and work as an electrician, my job can be quite physical. Most of my day spent up ladders or crawling around dusty holes somewhere. How am I Gona do this when I'm an old man? I don't know, I can see myself having to get a job a Tesco when I can't graft any longer.
Served my time as a spark then moved to data and fibre which was more or less the same and at 36 which is only 11 years ago took a machine maintenance job and although shift work it's definitely a lot less taxing on the body compared to hauling ladders, generators,cable, chasing walls with a mango but do I miss it,yes sometimes as it's one job that keeps you fit.

Gerry
 
That's what they're doing...balancing the books...pensions were designed for people to pay in all your working life then retire and die without claiming it....correct comments on fatness and other preventable illness will even it up a bit...they don't mind smoking and booze related as the tax more than covers it..

Exactly how somebody I knew died, worked all his life for Rolls Royce, dropped down dead with a heart attack just before he turned 65:-(
 
I'm 35 and work as an electrician, my job can be quite physical. Most of my day spent up ladders or crawling around dusty holes somewhere. How am I Gona do this when I'm an old man? I don't know, I can see myself having to get a job a Tesco when I can't graft any longer.
You will be ok.It's once you pack up that you need worry! I always did heavy manual work then worked as a gardener for myself,working full time up to 65,still doing a little bit(have to) BUT------Here's the rub,
b####y hip and back are knackered so expect problems in later life:twisted:
 
Get that hip fixed...it's causing your bad back! I know. ..
Having physio,:roll: Don't get me wrong,they guy is good BUT it ain't doing me any good!.Na back is knackered,hurt it donkeys years ago and it recurs every now and then.
Hip replacement,yea!,probably wait until i'm b####y eighty to get it:twisted:
 
I waited 18 months for my hip replacement. I'm 49,had it done 3 years ago. My hip is fixed and pain free,I have the odd niggle with my lower back as my pelvis has taken a couple of years to realign having been to one side for decades due to my hip being wrecked. Overall though I feel great,back to my hobbies,time permitting, of metal detecting and fishing,new interest with the beer brewing and I enjoy cycling and doing my allotment. Biggest bonus...no meds!
 
anyone under 50 and a number over relying on a decent living standard funded by a state pension is living in a fantasy land, Politicians on the right, and a few on the left have been reminding us for the last 30 years that the state pension was a gesture in respect of the debt owed to the generations that endured the world wars. So its been on the chopping block for quite some time, And i wouldnt be surprised that the austerity due post brexit will be used as the excuse for phasing in its end.
 
The UK Old Age Pension scheme was introduced in August 1908 and the first pension was paid on 1st January 1909.

At that time the age for qualification was 70 years and about half a million people qualified to receive the pension.

It was introduced to ensure that the old people in our society weren't dependent on private pension schemes run by employers (who often went bust or ran off with the funds) or by companies that often folded before they paid out any monies to their clients; having paid their directors huge bonuses.

This is not an ancient problem that has gone away in the intervening years.

The Pension scandals at BHS and at Mirror Group are recent examples where employers have plundered the pension funds of their employees and left them with almost nothing.

In the case of companies that specialised in the provision of pensions there is the example of Equitable Life where the government had to mount a rescue package to compensate the investors as per ...

https://www.gov.uk/government/publi...rt/equitable-life-payment-scheme-final-report

A mate of mine had to go back to work after trusting Equitable Life with his pension fund!

Any talk of scrapping the Old Age Pension should be fought tooth and nail.

People pay for the pensions of others with their taxes and their National Insurance contributions.

It is an absolute necessity whilst ever there are people on this earth with the business ethics of Phillip Green and the late Robert Maxwell or companies as badly managed as Equitable Life.
 
You will be ok.It's once you pack up that you need worry! I always did heavy manual work then worked as a gardener for myself,working full time up to 65,still doing a little bit(have to) BUT------Here's the rub,
b####y hip and back are knackered so expect problems in later life:twisted:
I'd say your back must be knackered with trimming all those bushes....

Gerry
 

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