Rishi Sunak faces state pension conundrum
27/11/2020 | news | business | 1,482
Official forecasts suggest the state pension will rise by 4.1% in April 2022 when unemployment is high.
36
as
27/11/2020 10:49:35 5 9
bbc
Followed the link and read it:

It is the biggest load of left wing twaddle going. You couldn't make it up.
So apparently we can go on borrowing money forever and never bother paying it back.

I swear everyone of those economists support Corbyn........you really couldn't make it up!
2
27/11/2020 10:26:19 8 5
bbc
Rishi's money tree is fast becoming an orchard.
7
27/11/2020 10:31:08 10 9
bbc
you clearly have no idea what you are talking about.
27/11/2020 23:46:18 0 1
bbc
..... one where he is busy stripping the trees of fruit? Or ripping the entire trees out by their roots?
3
27/11/2020 10:28:15 10 12
bbc
Financial incompetence and a failed ideology. Either Rishi GoldmanSachs Sunak is ignorant of the facts or complicit in a fraud on the public.
20
27/11/2020 10:43:02 10 3
bbc
If he's anything like his boss, it's probably both.
4
27/11/2020 10:28:59 12 15
bbc
Maybe address lucrative civil service pensions and do away with final salary and may the private and public sector level playing fields for pensions, rather than government gold plated.
45
27/11/2020 10:35:30 14 2
bbc
most bands in the civil service are underpaid compared to the private sector - but that's balanced with good pensions. Lose the pensions and you'll lose most of your civil service roles. Want to know why nearly all government websites suck? It's because most developers in the civil service will only get paid 34k a year - compared to the 65k+ they get at Google etc, there's no competition.
91
27/11/2020 11:23:09 7 1
bbc
Final salary went years ago Grumpy. Imposed by the government. Don't let the facts get in the way of your ignorance though.
5
27/11/2020 10:29:34 692 55
bbc
Your own report states that "The UK state pension remains one of the less generous in Europe" yet there's already moaning about it before it's even announced and 18 months before it would apply. Yes I'm a pensioner, but after council tax, energy, etc, and food, there's nothing left.

I appreciate there are others worse off, but to moan about pensioners is simply wrong.
17
27/11/2020 10:41:37 404 44
bbc
As someone born in the early 1960s, I see ever rising council tax as one of the biggest barriers to ever being able to retire.
18
27/11/2020 10:42:50 82 58
bbc
Did you not save when you were younger?

I'm retired too and although I had a relatively poor wage when I worked, I saved and prepared for my retirement. So now I am comfortable.

Because the country has been such as mess for so long under Tory and Tory Lite rule, the sensible thing was to financially protect myself and my family because I could never trust the government or my employer.
168
27/11/2020 11:48:20 4 12
bbc
WHY
238
27/11/2020 12:18:56 77 12
bbc
The whole system is a farce. Those who pay lots into it will get peanuts and those who hasn't paid (by going on jobseeker allowance for decades, for example) will get full pension. And the joke is no one wants to change the system.
529
27/11/2020 14:17:24 3 0
bbc
My mother is a pensioner. She lives quite comfortably on her pension.

My father drove a lorry, not a hugely well paid job, but he always contributed to his company pension. He died before he could draw it leaving his widow with a half pension.

She gets just over the tax threshold on her total money making her an average pensioner.
555
27/11/2020 14:25:18 5 2
bbc
We are in it together or we are not. I would like to see you get the moon and more but in this reality after covid and with the car crash of Brexit around the corner, every demographic will have to tighten its belt.
664
27/11/2020 15:08:21 3 0
bbc
and even the basic premise about it being low is wrong.
https://fullfact.org/europe/pensioners-eu-uk/
So in this respect, UK pensioners can expect slightly more money from the government than their European counterparts,
Let's not forget pension tax credits either....
684
27/11/2020 15:17:40 5 2
bbc
Pensions account for the largest slice of the benefits payments the UK makes. If all other benefits payments and public salaries are being frozen, why shouldn't pensions?
778
27/11/2020 16:09:11 3 0
bbc
In most European countries you would pay way more in taxes, I think state, federal and solidarity tax and social security was about 48% of my income when I lived in Germany. Hence the better state pension.
6
27/11/2020 10:30:33 129 11
bbc
Unfortunately, if you do not get a full pension, in my case because of paying married woman stamp, which government at the time, said would make no difference to your pension. Sometime whilst I was working, this changed without announcement. Consequently, my pension was 70% and the rise is only eg.4% of your 70% and not 4% of a full pension. I worked for 44 years but still you fall behind.
310
27/11/2020 12:46:47 66 2
bbc
I paid married women’s stamp in the early years and it was always known that it gave no benefits at all. When I went to work permanently and full time after my daughter was born I abandoned the cheapie version knowing I wouldn’t have to rely on husbands income/pension. At the same time went into the private pension scheme. Thank god. The new state scheme gives women credit years for child raising.
351
27/11/2020 13:09:13 7 1
bbc
I opted out called SERPs many years ago on the surmise this action and NI payments would be divided in two and part of the NI payments would go into a private pension pot! This plan would give you a pension and a second pension great eh!!Then the government changed their minds!!
696
27/11/2020 15:26:58 7 1
bbc
Gloating and sneering by married women at those of us who had to pay full stamp is my memory of working as a wages clerk. Even when we reminded them of the financial consequences, they said they were the ones winning......... small wonder I now have little sympathy for them.
2
27/11/2020 10:26:19 8 5
bbc
Rishi's money tree is fast becoming an orchard.
7
27/11/2020 10:31:08 10 9
bbc
you clearly have no idea what you are talking about.
80
27/11/2020 11:08:51 2 2
bbc
You ok hun?
8
27/11/2020 10:32:18 50 16
bbc
Having become quite an amateur pension expert in recent years I would like to see successive UK governments gradually increase the state pension to double its current worth over say the next 20 years. Not doing so will result in pensioner massive pensioner poverty - alternatively let COVID 30 loose to sort the problem!
157
27/11/2020 11:48:21 21 1
bbc
I don’t think anyone will need to choose to let covid30 loose, it’ll decide for itself when it’s ready!?
181
27/11/2020 11:55:10 2 1
bbc
They are trying their damndest to achieve your latter thought!
492
27/11/2020 14:01:49 5 0
bbc
Your plan would mean the minimum state pension would be, in real terms, equal to the current average earnings. Pensioners amount to about a quarter of the adult population. The remaining three quarters would be paying one third of their wages to pensioners.
A ludicrous situation where working people were getting much less money than the retired.
525
27/11/2020 14:13:17 6 1
bbc
They have already done it and let the covid into the care homes, this has resulted in enormous pension savings for the government
621
27/11/2020 14:48:02 0 0
bbc
Covid 30? Covid 19 has been bad enough. I hope we're not going to get another eleven mutations of Covid over the next 20 years!
874
27/11/2020 16:48:50 0 0
bbc
Well, with the tripple lock increasing it by 2.5%, inflation or average earnings (whichever lowest) every year it might get close to you aim. For simplicity assume low inflation and earnings growth then in 20 years, 1.025^20 = 1.64, a 60% increase. Not double but still a big step. If we get a few years of sharp earnings growth it might get closer.
923
27/11/2020 17:14:57 1 0
bbc
But paid for by whom?
9
27/11/2020 10:33:18 3 29
bbc
Boomers taking from the poor to feed from the rich. It's really a kind of anti Robin Hood.
52
27/11/2020 10:54:54 10 3
bbc
You cannot be serious
216
27/11/2020 12:09:44 1 0
bbc
Is it not time you improved your education?
10
MVP
27/11/2020 10:34:07 19 21
bbc
Public sector pensions are un-affordable. The government needs to grasp the nettle here and bring them in line with the private sector
no chance we paid dearly for ours,so up yours Removed
26
27/11/2020 10:45:44 13 4
bbc
Levelling down: what aspirations we have as a nation! But I suppose we will have to get used to generally declining standards in 'Not-So-Great' Britain.
46
27/11/2020 10:51:53 11 7
bbc
so instead of raising private pensions to where they should be, you want to drag everyone else down? Typical crabs in the bucket mentality that is rife in this country.
56
27/11/2020 10:57:12 13 3
bbc
Why does everything have to be a race to the bottom?
76
27/11/2020 11:07:25 8 2
bbc
You realise this debate is about a rise in the State pension, one of the lowest in Europe, we all get, regardless
Not public sector v private sector pensions?
11
27/11/2020 10:34:09 8 5
bbc
free up jobs for young people stagger the age of claiming state pension.give people the choice and at the same time create known job opportunities.
24
27/11/2020 10:45:19 20 17
bbc
thatcher had 3million on the dole she didnt care about them and neither does boris
12
27/11/2020 10:35:07 8 9
bbc
Be aware the greatest issue here is not the level of the state pension,
but
The FACT that by 2023 25% of the UK population will be of pensionable age.

Current State Pension costs over £120 billion a year.
23
27/11/2020 10:45:18 30 1
bbc
That's why the state pension age has been increasing, to try to make it more sustainable. Fairly in my opinion.

And don't forget most of those who get the state pension have paid for it by paying income tax and national insurance for several decades.
287
27/11/2020 12:37:46 0 2
bbc
The elephant in the room is that we all wish to live for ever - and expect someone to pay for us over a certain age when we are deemed "unable" to work, The NHS and the welfare state and "necessay" taxation was set up on the then population possibly claiming and the then life expectancies - now all skewed upwards. Answers on a postcard to Demonic Cummings who might find a person to find an answer
13
27/11/2020 10:35:28 14 32
bbc
I think the triple lock has to end. we are really screwing the youth of this country- they have to pay for education that we got for free. they are suffering hard for a disease that doesn't affect them and they will be paying the bill off for the next 40 years.
we should look after all in society, things have swung too far against the young.
15
27/11/2020 10:38:58 4 33
bbc
I agree and also taking into account that the majority of the current people taking a state pension will also have some company pensions too, this should be reviewed.
28
meh
27/11/2020 10:46:59 0 3
bbc
Im middle aged and still got a fair while to go b4 i retire.

Since we want to remove the triple lock that doesnt affect me right now. I can see the state pension will be naff all when i do retire. Therefore i'll opt out of all NI payments.

Rather spend that money to make my own pension if i have to....
29
NM
27/11/2020 10:47:13 5 8
bbc
I'm in my mid 50s, so not pensionable yet, but will be soon-ish. I totally agree with you. It is unsustainable and needs to be phased out.

The only real reason that it's there is due to the fact that it was a vote winner. Successive Governments know that the elderly are more likely to vote.

Mind you, with that in mind, the younger should look to offset this at the ballot box.
38
27/11/2020 10:50:46 8 2
bbc
Won't the youth of today became pensioners one day and they will also want a larger state pension to go along side their company pensions.And aren't we all paying for past debts.Still paying for Napoleonic Wars (income tax)
50
27/11/2020 10:53:51 9 2
bbc
The young now will become the old, if we don't start to raise the state pension soon the young now will be desperately poor pensioners.
154
27/11/2020 11:34:42 3 0
bbc
Absolute rubbish.......it is just a matter of having a principled approach to allocating finances......16billion on more weapons? Really?
27/11/2020 23:43:40 1 0
bbc
The vast majority of the now retired didn’t get their education for free at all as they went straight into work as fewer than 10% went to university.
28/11/2020 17:07:11 0 0
bbc
We should go back to sending the best 10-15% of A level students to university and grant fund - others could go to work and then will not end up with debt they will never repay.
14
27/11/2020 10:38:19 457 32
bbc
We have the worst state pension in the developed world already
30
27/11/2020 10:47:31 303 43
bbc
This actually highlights just how badly run our country is - economically
35
27/11/2020 10:49:33 27 9
bbc
Get ready for the Brexit Bonus. All will be well. Erm...
37
27/11/2020 10:49:39 9 2
bbc
It's not even the worst in the EU but I agree it should be increased, I would propose its value is doubled over the next 20 or so years
61
27/11/2020 10:58:41 29 3
bbc
And company and private pensions are a complete rip off. Why doesn't the EBC every report on how much pension fund managers and pension companies take from pensioner's investment pots? Its a complete disgrace.

Why are pension fund managers multi-millionaires?
107
27/11/2020 11:28:21 13 2
bbc
Other countries don't have a Ponzi scheme as their state pension.
437
27/11/2020 13:38:04 9 4
bbc
And yet. It's the pensioners who vote for this government and consistently vote for governments that produce poor pension payouts
593
27/11/2020 14:38:51 3 1
bbc
Would someone care to substantiate these claims, in relation to NI contributions (or their European equivalent) and taxation rates. Simply untrue, I'm guessing.
667
27/11/2020 15:09:13 4 1
bbc
So in this respect, UK pensioners can expect slightly more money from the government than their European counterparts,
https://fullfact.org/europe/pensioners-eu-uk/

France basic state pension is 33% lower than ours...
713
27/11/2020 15:34:58 3 1
bbc
This is simply not true. Check out the state pension in the US - the maximum possible Social Security benefit for someone who retires at full retirement age is $3,011 in 2020/21. A ranking of pensions by country - https://www.visualcapitalist.com/ranked-countries-pension-plans/
We rank in the middle in Europe, above France, Spain, Italy & Austria for instance.
898
27/11/2020 16:54:39 2 2
bbc
Because we as tax payers also pay for everything under the sun which other countries don't
932
27/11/2020 17:23:00 2 1
bbc
Portugal is a developed country but the pension is less than the UK
945
27/11/2020 17:34:16 0 0
bbc
Actually, we have a best state pension in the world because it is cheap.
27/11/2020 20:02:18 2 0
bbc
You have to offset that fact by the other facts that those who solely depend on the S.P can get means tested benefits that are not part of Universal Credit eg Housing Benefit and council tax reduction as well as eg reductions in water rates or an extra £140 at xmas for power ( not counting the £200 ) What extras can you get in other countries?
27/11/2020 20:17:53 1 0
bbc
Comparisons are misleading though. Pensioners in the UK have other benefits. No prescription charges for example and they are the largest uses of the NHS for which they pay nothing at the point of delivery. Current pensioners lived through the largest rise in living standards and contributed too little in that time,
28/11/2020 08:24:16 0 0
bbc
Being not the most generous is not the same as being the worst.
28/11/2020 12:40:40 0 0
bbc
You believe all those crap that we are living in a developed country. This is a typical third world.
28/11/2020 14:35:12 0 0
bbc
But we have very generous tax incentives for Private Pensions. In the long run this is by far the better approach.
13
27/11/2020 10:35:28 14 32
bbc
I think the triple lock has to end. we are really screwing the youth of this country- they have to pay for education that we got for free. they are suffering hard for a disease that doesn't affect them and they will be paying the bill off for the next 40 years.
we should look after all in society, things have swung too far against the young.
15
27/11/2020 10:38:58 4 33
bbc
I agree and also taking into account that the majority of the current people taking a state pension will also have some company pensions too, this should be reviewed.
19
27/11/2020 10:42:53 7 1
bbc
What about the many who don't have any comany pesion, proably most of whome are women?
237
27/11/2020 12:18:47 2 1
bbc
Company pensions were designed to help top up the State pension.
27/11/2020 23:38:43 1 1
bbc
WHAT A LOAD OF TOSH
16
27/11/2020 10:39:20 24 2
bbc
As a woman born in the early 60s, knowing a couple of aunts made it to their 90s, it seems reasonable that we won't get our state pensions at 60, but have to wait until 67.

Especially as the next generation is roughly the same size as us, rather than larger.

That is on the assumption that its a bit larger and later. Making us wait and then not increasing it as agreed is rather unfair.
5
27/11/2020 10:29:34 692 55
bbc
Your own report states that "The UK state pension remains one of the less generous in Europe" yet there's already moaning about it before it's even announced and 18 months before it would apply. Yes I'm a pensioner, but after council tax, energy, etc, and food, there's nothing left.

I appreciate there are others worse off, but to moan about pensioners is simply wrong.
17
27/11/2020 10:41:37 404 44
bbc
As someone born in the early 1960s, I see ever rising council tax as one of the biggest barriers to ever being able to retire.
104
27/11/2020 11:08:04 74 12
bbc
I note that council executives don't get a starvation pension. We should take more interest in local politics, and kick the fat cats out.
134
27/11/2020 11:40:54 52 11
bbc
so so right the council tax will soon see more and more people put in to poverty
280
27/11/2020 12:35:55 24 13
bbc
Hmm... I'd like to see a fairer tax system but let's get our facts right. CT was frozen by the Tories from 2010 until 2018; & they also still withhold the Business Rate Support Grant, raised from local businesses to support council services.

CT provides local services, which we are dependent on and improve our quality of life, and which would cost far more to our pockets if they were privatised.
368
27/11/2020 13:15:18 13 1
bbc
it's my single largest monthly bill, by a country mile.
519
27/11/2020 14:13:11 6 4
bbc
At least you had chance to buy a house before they cost more than 10x average salary. For gen x and beyond most of us will never get to retire at all
546
sci
27/11/2020 14:21:57 6 0
bbc
Surely nobody on only state pension pays any council tax; mother in law doesn't, she said they'd never paid council tax. I didn't believe that at first, and in fact paid her bill for her for a few months after she was widowed to keep her out of trouble when she kept getting demands & court proceedings threats by the council. Turned out to be true: 100% rebate due to pension guarantee credit.
550
27/11/2020 14:24:01 6 7
bbc
Then perhaps you should move to a smaller house?

This is known as cutting your cloth appropriately. If you can't afford something you don't have it.

The irony of pensioners complaining about council tax when the largest chunk of council tax is spent on pensioners is quite amusing.
560
27/11/2020 14:25:51 12 0
bbc
Council tax is one of the most iniquitous taxes. It is not based on income. It is based on a completely arbitrary property valuation.
707
27/11/2020 15:31:24 3 1
bbc
A 60% cut in government funding of local authorities is why.
725
27/11/2020 15:41:22 1 1
bbc
If you're single its worse than the Poll Tax
732
27/11/2020 15:44:48 2 2
bbc
Spot on. The increase in council tax each year is basically wiping out the increase in state pension. So, this is costing the government NOTHING. Not one penny.
816
27/11/2020 16:23:24 0 2
bbc
I was born on the same day as keir Starmer in September 1962. I have retired. You both should have worked harder.
820
27/11/2020 16:24:00 1 0
bbc
If things stay as they are you will get an increase in your pension when you turn 80 like I did - It's £0.25p - spend it wisely, don't go throwing a lavish party.
5
27/11/2020 10:29:34 692 55
bbc
Your own report states that "The UK state pension remains one of the less generous in Europe" yet there's already moaning about it before it's even announced and 18 months before it would apply. Yes I'm a pensioner, but after council tax, energy, etc, and food, there's nothing left.

I appreciate there are others worse off, but to moan about pensioners is simply wrong.
18
27/11/2020 10:42:50 82 58
bbc
Did you not save when you were younger?

I'm retired too and although I had a relatively poor wage when I worked, I saved and prepared for my retirement. So now I am comfortable.

Because the country has been such as mess for so long under Tory and Tory Lite rule, the sensible thing was to financially protect myself and my family because I could never trust the government or my employer.
275
27/11/2020 12:34:49 23 32
bbc
I also lived under a Labour administration that had to go to the IMF for a loan. The main aim of Tory policies is to give more freedom to the individual. However, as the current arguments regarding restrictions and liberty show that maybe people would have prefer living under a Stalinist regime.
279
27/11/2020 12:35:34 113 12
bbc
Tried to save but was on a very low wage, had two small kids - never smoked nor drank. Made sure we paid the mortgage, and at times was eating egg and chips 4 times a week to make sure the kids were fed properly. At one stage, even sent the hired TV back because we couldn't afford it.

Frivolous comments like yours don't help anybody - try walking in the other persons steps before you comment.
373
27/11/2020 13:18:12 20 3
bbc
Rather patronising comment, not everyone were able to save money living hand to mouth
614
27/11/2020 14:46:33 6 1
bbc
Try to be kind, it's good for you!
685
27/11/2020 15:19:48 7 1
bbc
You sir are the kind of retiree the country needs. Someone thinking about their future and planning ahead.
Unfortunately, there is a sizeable group who think their sense of entitlement is all that is needed to get a payments in their old age.
736
27/11/2020 15:46:51 0 2
bbc
Really? How much did you manage to save? I have always earnt decent money but what with mortgages, wife, two kids, clothes, food, car, petrol, car tax, insurances etc. etc. I never had that much left to save. I did have a pension with Equitable Life - fat lot of good that turned out to be. I'm guessing you have a company pension - or a state sector pension.
15
27/11/2020 10:38:58 4 33
bbc
I agree and also taking into account that the majority of the current people taking a state pension will also have some company pensions too, this should be reviewed.
19
27/11/2020 10:42:53 7 1
bbc
What about the many who don't have any comany pesion, proably most of whome are women?
3
27/11/2020 10:28:15 10 12
bbc
Financial incompetence and a failed ideology. Either Rishi GoldmanSachs Sunak is ignorant of the facts or complicit in a fraud on the public.
20
27/11/2020 10:43:02 10 3
bbc
If he's anything like his boss, it's probably both.
21
27/11/2020 10:44:27 119 16
bbc
I am thinking ahead - i am forgetting the big mortgage for a house and forgetting the fancy cars to save up privately so i have a decent savings amount for when i retire so i don't have to rely on state handouts in the form of a state pension - if possible, people need to be sensible - plan for their future.
39
27/11/2020 10:50:48 69 13
bbc
Fair enough , but the money you save won't increase except for additional cash to top it up.
Near zero interest is a deterrent to saving .
If you have enough ? buy a cheap flat or two somewhere else in the country and get an agent to factor it for you .
That way you will have an income and still have your money in the properties.
Housing crisis is not going away and interest is not going up.
51
27/11/2020 10:54:37 12 5
bbc
Yes, then perhaps spend all those savings on care costs rather than yourself where as one could have no savings and get free care....
144
27/11/2020 11:44:13 10 2
bbc
So did many others save and invest but BOE interest rates have been so low that a lot of expected income from hard work and thrift has been negated.
151
27/11/2020 11:46:17 7 3
bbc
Saving towards a reasonable pension pot was an option until about 1995, but thereafter, with rising mortgage costs, council tax, cost of living, etc it became harder to save in that way. There’s no encouragement given to save those days, even if it were possible.
171
27/11/2020 11:52:37 8 3
bbc
I did just that - saved for an extra pension then (was it Labour) cut the pensioner tax breaks and 10% rate so that a half decent pension still gets taxed.Spend it all and rely on benefits old chum (ironic)
343
27/11/2020 13:05:54 18 1
bbc
State pensions are NOT handouts. I have worked for 43 years so far and paid towards mine. when I get it I will have earned it. It is basically the same as paying into a private pension fund and expecting what your owed when it matures.
347
27/11/2020 13:08:18 17 0
bbc
It's not a hand out. Workers pay into it to help secure their future when retired. Those with private pensions pay twice. Don't fall into the trap of believing that a pension is 'something for nothing '!
364
27/11/2020 13:13:59 0 7
bbc
It has been calculated. to get £176 pw pension you must start your pension at 16 with contributions at least15% of your take home pay until the ripe old age of 66 or more...enjoy!!
773
27/11/2020 16:06:27 1 0
bbc
You will need to save about £1 million. You might get a pension of about £25k a year on that, less tax, or spend the capital. Care homes, if needed, could be £7k a month.
836
27/11/2020 16:29:06 2 0
bbc
You need to earn enough money in order to save such an amount and as many people earn less then 2ok there's little left over for saving
22
27/11/2020 10:45:05 285 50
bbc
Get rid of the costly house of Lords before you start reducing the increase in state pensions !!.
32
27/11/2020 10:47:38 110 62
bbc
Get rid of both Houses.
33
27/11/2020 10:48:49 12 1
bbc
They're not going anywhere on that Gravy Train. They wouldn't even go to York!
43
27/11/2020 10:51:41 21 2
bbc
Nonsense, there needs to be something substantial to scrutinize legislation
44
27/11/2020 10:51:42 10 15
bbc
I could not agree more, the savings would be colossal to say the least, on this totally outdated gravy train !
173
27/11/2020 11:52:44 10 2
bbc
go read the real cost report - it wouldn't save much and would cost quite a lot to replace anyway. https://www.electoral-reform.org.uk/wp-content/uploads/2017/11/HoL-2017-Audit.pdf
215
27/11/2020 12:07:33 2 7
bbc
HEAR, HEAR
399
27/11/2020 13:26:33 8 4
bbc
The HoL actually do an important and valuable job in making legislation better. The govt of the day draft legislation that reflects their political views, but the Committee stage, which is supposed to refine and improve legislation, is manned by MPs appointed by the whips, who defend/oppose the bill on political grounds. Making the legislation fit for purpose is left to HoL.
870
27/11/2020 16:45:59 0 1
bbc
And while they're at it, why not reduce the Commons to 99 seats or less as well. Apart from saving the payments made to more than 500 wastrels, there will be far less bickering among the kids. This would mean bringing in a more civilised system (PR) which would not be much of a cross to bear. Dump all of the other silly titles as well.The parliamentary buildings would make great museums or flats.
998
27/11/2020 18:11:17 1 0
bbc
We still need a 2nd chamber to help keep balance and stop governments rolling roughshod over everyone with their more extreme policies. However the 2nd chamber should be elected by the people, each member representing a County or City.
27/11/2020 20:08:33 0 0
bbc
To quote the Talking Heads.... "Burning down the house"..
27/11/2020 22:34:57 1 0
bbc
Fatuous remark. The amount saved would give the millions of pensioners in this country pence
28/11/2020 10:40:30 0 0
bbc
I think we still need the House of Lords as a check on the commons - but make it democratically elected. Also cut the daily allowance of £300 for just signing in - even if no work is done - what a gravy train.
28/11/2020 14:14:20 0 0
bbc
Cost of the HoL is currently about £80m. You couldn't pay many pension with that. On the other hand, with each 'lord' costing the country £83000 a year, you have to ask why Johnson added 22 of them this year, including Botham and his own brother.
12
27/11/2020 10:35:07 8 9
bbc
Be aware the greatest issue here is not the level of the state pension,
but
The FACT that by 2023 25% of the UK population will be of pensionable age.

Current State Pension costs over £120 billion a year.
23
27/11/2020 10:45:18 30 1
bbc
That's why the state pension age has been increasing, to try to make it more sustainable. Fairly in my opinion.

And don't forget most of those who get the state pension have paid for it by paying income tax and national insurance for several decades.
54
27/11/2020 10:55:59 5 1
bbc
Exactly, I've been working for twenty years and probably have another thirty to go...
11
27/11/2020 10:34:09 8 5
bbc
free up jobs for young people stagger the age of claiming state pension.give people the choice and at the same time create known job opportunities.
24
27/11/2020 10:45:19 20 17
bbc
thatcher had 3million on the dole she didnt care about them and neither does boris
10
MVP
27/11/2020 10:34:07 19 21
bbc
Public sector pensions are un-affordable. The government needs to grasp the nettle here and bring them in line with the private sector
no chance we paid dearly for ours,so up yours Removed
10
MVP
27/11/2020 10:34:07 19 21
bbc
Public sector pensions are un-affordable. The government needs to grasp the nettle here and bring them in line with the private sector
26
27/11/2020 10:45:44 13 4
bbc
Levelling down: what aspirations we have as a nation! But I suppose we will have to get used to generally declining standards in 'Not-So-Great' Britain.
27
27/11/2020 10:46:59 49 23
bbc
The BBC constantly complain that the State Pension is too low yet they also complain when it is increased above inflation.

Basically the BBC just love complaining.
62
27/11/2020 10:58:44 54 7
bbc
And yet they have nothing to complain about ! BBC staff are vastly overpaid and on extremely good pensions.
102
27/11/2020 11:03:19 6 1
bbc
I bet BBC staff get an incredibly generous pension. Paid for by the telly tax of course (which something like 550 people a day have decided to no longer pay this year)
27/11/2020 22:00:37 2 1
bbc
BBC quite happy to take the licence fee off all the pensioners who previously didn’t have to pay when they hit 75
13
27/11/2020 10:35:28 14 32
bbc
I think the triple lock has to end. we are really screwing the youth of this country- they have to pay for education that we got for free. they are suffering hard for a disease that doesn't affect them and they will be paying the bill off for the next 40 years.
we should look after all in society, things have swung too far against the young.
28
meh
27/11/2020 10:46:59 0 3
bbc
Im middle aged and still got a fair while to go b4 i retire.

Since we want to remove the triple lock that doesnt affect me right now. I can see the state pension will be naff all when i do retire. Therefore i'll opt out of all NI payments.

Rather spend that money to make my own pension if i have to....
47
27/11/2020 10:52:37 3 2
bbc
NI is also for NHS.
131
27/11/2020 11:40:24 3 0
bbc
How do you opt out of all NI payments other than by stopping working? If you are contracted out and pay lower amounts they cut your pension when you finally get it.
13
27/11/2020 10:35:28 14 32
bbc
I think the triple lock has to end. we are really screwing the youth of this country- they have to pay for education that we got for free. they are suffering hard for a disease that doesn't affect them and they will be paying the bill off for the next 40 years.
we should look after all in society, things have swung too far against the young.
29
NM
27/11/2020 10:47:13 5 8
bbc
I'm in my mid 50s, so not pensionable yet, but will be soon-ish. I totally agree with you. It is unsustainable and needs to be phased out.

The only real reason that it's there is due to the fact that it was a vote winner. Successive Governments know that the elderly are more likely to vote.

Mind you, with that in mind, the younger should look to offset this at the ballot box.
128
27/11/2020 11:38:15 5 0
bbc
The triple lock was put in place because the state pension was so abominably low and had to be topped up with other benefits. It was decided it would be too much to increase it to a sensible level in one go so the tripple lock ensures it as least increases by 2.5% each year. The current payments still don't provide for a liveable income.
14
27/11/2020 10:38:19 457 32
bbc
We have the worst state pension in the developed world already
30
27/11/2020 10:47:31 303 43
bbc
This actually highlights just how badly run our country is - economically
130
27/11/2020 11:40:23 13 25
bbc
And the alternative is what, a country run by Labour's masters the unions and comrade Putin!
31
27/11/2020 10:47:33 26 4
bbc
Johnson needs to keep to his manifesto pledge on this area ,as we seem to find billions in certain areas that our a complete waste of tax payers money ,Lets see what he does, and we can vote them out at the next election if does not come up with the package
780
27/11/2020 16:10:14 2 0
bbc
I agree with your sentiments but, who would we vote for instead.?
22
27/11/2020 10:45:05 285 50
bbc
Get rid of the costly house of Lords before you start reducing the increase in state pensions !!.
32
27/11/2020 10:47:38 110 62
bbc
Get rid of both Houses.
140
27/11/2020 11:42:25 16 4
bbc
Should have to have a career or business before being allowed to be an MP. A degree in politics doesn’t mean you are or can be a politician.
228
27/11/2020 12:15:32 9 1
bbc
And what do we replace it with?
828
27/11/2020 16:25:56 0 1
bbc
Just because we currently have a weak government who seek to please their sponsors and try to be popular doesn't mean the system is wrong
It just needs a few adjustements
27/11/2020 20:57:28 0 1
bbc
Where’s Guy Fawkes when you need him? ??
22
27/11/2020 10:45:05 285 50
bbc
Get rid of the costly house of Lords before you start reducing the increase in state pensions !!.
33
27/11/2020 10:48:49 12 1
bbc
They're not going anywhere on that Gravy Train. They wouldn't even go to York!
34
27/11/2020 10:49:28 110 8
bbc
I hope this article doesn't start a discussion that demonises pensioners, like setting off the young against the old. Truth is many younger people have benefited from earlier equalising pay & opportunity struggles (& better access to higher education) from the 1970s, which oldsters didn't get, but the bigger problem is low wages versus the cost of housing in this country.
48
27/11/2020 10:53:12 56 32
bbc
Not quite true when younger people have had to pay for higher education, especially where said repayments could have gone into a pension pot rather than to a student loan company
699
27/11/2020 15:27:27 7 2
bbc
They have to stir up some divide.. after Brexit we won't be able to blame "the foreigners" for the state of the country so let's blame the pensioners instead...
28/11/2020 00:12:31 1 0
bbc
And banks starting the rot by taking partners incomes into account which meant they could get bigger motgages which moved house prices up and froze single people out of th market.
14
27/11/2020 10:38:19 457 32
bbc
We have the worst state pension in the developed world already
35
27/11/2020 10:49:33 27 9
bbc
Get ready for the Brexit Bonus. All will be well. Erm...
36
as
27/11/2020 10:49:35 5 9
bbc
Followed the link and read it:

It is the biggest load of left wing twaddle going. You couldn't make it up.
So apparently we can go on borrowing money forever and never bother paying it back.

I swear everyone of those economists support Corbyn........you really couldn't make it up!
307
27/11/2020 12:44:43 2 3
bbc
HAHAHAHA. Why 'left wing'? You are clearly incapable of critical thinking prefering at every opportunity to denigrate anyone that disagrees with your irelevant self-serving mealy mouthed party-political nonsense, while obtusely misquoting valid economic theory for your own ends.
337
27/11/2020 13:02:02 1 3
bbc
"So apparently we can go on borrowing money forever and never bother paying it back." Thats not what it says and you know it.
28/11/2020 11:54:24 0 0
bbc
Rishi's money tree is on track to be 7 times the size of Corbyn's "insane" "unsustainable" money tree.
And they've nationalised the railways
How mad is that eh?
14
27/11/2020 10:38:19 457 32
bbc
We have the worst state pension in the developed world already
37
27/11/2020 10:49:39 9 2
bbc
It's not even the worst in the EU but I agree it should be increased, I would propose its value is doubled over the next 20 or so years
967
27/11/2020 17:47:58 0 0
bbc
By ensuring that people have a decent pension to live comfortably (which we all work for) that means those pensioners can afford holidays, a few luxuries that will help the home economy. It will also mean less pensioners having to claim various benefits too. That will help young people too. A decent pension is a win win. Poor pensions mean, more poverty, less spending and claiming more benefits.
13
27/11/2020 10:35:28 14 32
bbc
I think the triple lock has to end. we are really screwing the youth of this country- they have to pay for education that we got for free. they are suffering hard for a disease that doesn't affect them and they will be paying the bill off for the next 40 years.
we should look after all in society, things have swung too far against the young.
38
27/11/2020 10:50:46 8 2
bbc
Won't the youth of today became pensioners one day and they will also want a larger state pension to go along side their company pensions.And aren't we all paying for past debts.Still paying for Napoleonic Wars (income tax)
21
27/11/2020 10:44:27 119 16
bbc
I am thinking ahead - i am forgetting the big mortgage for a house and forgetting the fancy cars to save up privately so i have a decent savings amount for when i retire so i don't have to rely on state handouts in the form of a state pension - if possible, people need to be sensible - plan for their future.
39
27/11/2020 10:50:48 69 13
bbc
Fair enough , but the money you save won't increase except for additional cash to top it up.
Near zero interest is a deterrent to saving .
If you have enough ? buy a cheap flat or two somewhere else in the country and get an agent to factor it for you .
That way you will have an income and still have your money in the properties.
Housing crisis is not going away and interest is not going up.
308
27/11/2020 12:45:00 3 4
bbc
Dont buy flats thats terrible advice. Go houses. Outside of centres like London flats tend to have THE worst capital growth and extra mnmgnt charges for the building..lease and ground rent !. No control of bulding/public areas..Can be effectively built out by the hundred too as larger buildings re purposed..over supply of same becoming common in many towns and cites...longer vacancies etc etc.
853
27/11/2020 16:36:09 2 0
bbc
Not good advice to buy flats, too many other costs involved. Buy shares, history shows best in the long term besides housing. If you can be cleaver and buy and sell on route then even better.
28/11/2020 08:38:26 0 0
bbc
We rely far too much on property in this country.
40
27/11/2020 10:51:21 434 25
bbc
Poverty in retirement shouldn't be expected.

The British state pension is disgusting compared to our European counterparts.

Always amazed me why people aren't angrier about this?
60
27/11/2020 10:57:57 323 64
bbc
If more paid in more would come out, cannot expect something for nothing, and thinking about all those who have been on benefits for years still get a decent payout. My NI contributions over 47 years was just over 256k yet someone who contributed substantially less will get the same pension as me, perhaps those who pay more should get more.
185
27/11/2020 11:56:58 29 17
bbc
People are welcome to pay more into their pensions.

But they would then moan they don't have enough to live on in their take home salary.

Southern Europe's pensions are completely UNSUSTAINABLE. The Eurozone crash when it comes will be almighty.
320
27/11/2020 12:53:05 3 4
bbc
Im fumimg
606
27/11/2020 14:43:20 1 3
bbc
Have you thought about moving?
609
27/11/2020 14:44:09 6 1
bbc
The reason is that to raise it to EU levels would require everyone to pay more tax.....as they do in France, Holland, Scandi, Germany.
And that makes people angry!
818
27/11/2020 16:23:44 1 1
bbc
We don't moan because it has so poor for so long most of us make alternative arrangements and for many the state pension is merely a top-up
946
27/11/2020 17:34:45 2 0
bbc
If you can't be bothered to work during your life, then poverty in retirement should absolutely be expected.
27/11/2020 19:41:50 0 0
bbc
Get your facts right, it's very average
27/11/2020 20:17:44 2 0
bbc
and it is amazing that the british people still vote for the rich public school boys to govern them, even though those very rich toffs have no idea what would be living on a basic pension, becouse they (and their family) never needed to work like us.. it always amazes me why normal people still vote for the elite, thinking that somehow they would sort the poor problems... dooooohhhh
27/11/2020 21:14:26 1 0
bbc
Angrier over,
Council Tax
Angrier over Immigration
Angrier over Crime
Angrier over The Barnett Formula
Angrier over our Utilities owned by Foreign Investors
I could go on. But nothing ever changes for the better no matter how angry we get.
27/11/2020 21:43:12 1 1
bbc
Because many counrties in the EU rely on state pensions based on final salary not private provision. The countries with the most deficits are Germany and France both of which are technically bankrupt if you take these liabilites into account. That's why they're keen on ever closer union so that w e and the Dutch (who have a large private pension system ) can pay their pensions.
HJ
27/11/2020 22:30:48 0 0
bbc
Agreed
41
27/11/2020 10:51:23 258 15
bbc
Why is everything in the UK about leveling DOWN. We should be looking to level up, that includes everything pay, social security, paying more tax etc, like all over Northern Europe. Yes prices will go up, but just look at the standard of living there, walk around here where I live and it is run down and neglected. All that North Sea Oil revenue wasted.
58
27/11/2020 10:57:23 153 186
bbc
Thatcher wasted a lot of it fighting the miners and paying the dole queue .
What was left was squandered on bombs and bullets.
305
27/11/2020 12:33:44 23 3
bbc
We have some of the lowest taxes in Europe perhaps that's why have a lower pension
375
27/11/2020 13:18:32 6 4
bbc
How is levelling up achieved with fixed resources unless someone else levels down? You seem to have succumbed to Johnson's twaddle.
382
27/11/2020 13:20:53 4 3
bbc
We could have levelled up, but todays pensioners voted for tax cuts over tax rises.
506
27/11/2020 14:07:55 2 1
bbc
Wasted on paying benefits.
553
27/11/2020 14:25:02 1 2
bbc
Ah, we have to level down because we're competing with China, Brazil and India in the big, wild world of 'After-Brexit'. For a decent state pension you would need a group of decent politicians interested in the public good, not just lining their pockets with tax-payer's hard-earned.

Shame there's no alternative.

Anyway, no retirement for me, I'll have to work until I lose my marbles.
587
27/11/2020 14:36:01 3 0
bbc
Let's all pay more tax to fund what people want.
673
27/11/2020 15:11:28 1 0
bbc
except our basic state pension is actually 33% more than France's...
The Minimum pension (minimum contributif) is granted to those who are entitled to a full-rate pension but paid contributions on a low income. It comes to €636.56 per month
842
27/11/2020 16:32:41 2 2
bbc
100% correct and add on the billions raised from nationalised industry sell offs. We don’t look like a country that ever had these windfalls, all wasted mostly by Tory govmts.
28/11/2020 14:40:31 0 0
bbc
In what warped version of reality does paying more tax result in levelling up? Scandanavian countries didn't tax their way into prosperity, they prospered (oil etc) then taxed, and in general managed revenue responsibly.
42
27/11/2020 10:51:32 16 3
bbc
The increase will help those of 75 pay for their BBC LICENSE fee.
22
27/11/2020 10:45:05 285 50
bbc
Get rid of the costly house of Lords before you start reducing the increase in state pensions !!.
43
27/11/2020 10:51:41 21 2
bbc
Nonsense, there needs to be something substantial to scrutinize legislation
100
27/11/2020 11:01:24 7 2
bbc
But the HoL is not it!
832
BBB
27/11/2020 16:27:10 0 1
bbc
But all they do is look at it! They can send it back but it can be returned with no changes. A very large expensive and and inneficient way to scrutinize
22
27/11/2020 10:45:05 285 50
bbc
Get rid of the costly house of Lords before you start reducing the increase in state pensions !!.
44
27/11/2020 10:51:42 10 15
bbc
I could not agree more, the savings would be colossal to say the least, on this totally outdated gravy train !
266
27/11/2020 12:31:03 10 2
bbc
The cost of the House of Lords is tiny.

Based on 2018/9 figures, and even taking the most extreme interpretation of the costs, scrapping the HoL would result in a net savings that might allow you to increase state pension by 5p a day - a more realistic figure would be around 1-2p.

Not really "colossal".
4
27/11/2020 10:28:59 12 15
bbc
Maybe address lucrative civil service pensions and do away with final salary and may the private and public sector level playing fields for pensions, rather than government gold plated.
45
27/11/2020 10:35:30 14 2
bbc
most bands in the civil service are underpaid compared to the private sector - but that's balanced with good pensions. Lose the pensions and you'll lose most of your civil service roles. Want to know why nearly all government websites suck? It's because most developers in the civil service will only get paid 34k a year - compared to the 65k+ they get at Google etc, there's no competition.
27/11/2020 23:48:43 0 0
bbc
So why has this Govt not got the usual consultants in at 7k/day to make better websites? Given most places I have worked got specialist agencies in to build websites I'd bet the civil service did the same......
10
MVP
27/11/2020 10:34:07 19 21
bbc
Public sector pensions are un-affordable. The government needs to grasp the nettle here and bring them in line with the private sector
46
27/11/2020 10:51:53 11 7
bbc
so instead of raising private pensions to where they should be, you want to drag everyone else down? Typical crabs in the bucket mentality that is rife in this country.
28
meh
27/11/2020 10:46:59 0 3
bbc
Im middle aged and still got a fair while to go b4 i retire.

Since we want to remove the triple lock that doesnt affect me right now. I can see the state pension will be naff all when i do retire. Therefore i'll opt out of all NI payments.

Rather spend that money to make my own pension if i have to....
47
27/11/2020 10:52:37 3 2
bbc
NI is also for NHS.
34
27/11/2020 10:49:28 110 8
bbc
I hope this article doesn't start a discussion that demonises pensioners, like setting off the young against the old. Truth is many younger people have benefited from earlier equalising pay & opportunity struggles (& better access to higher education) from the 1970s, which oldsters didn't get, but the bigger problem is low wages versus the cost of housing in this country.
48
27/11/2020 10:53:12 56 32
bbc
Not quite true when younger people have had to pay for higher education, especially where said repayments could have gone into a pension pot rather than to a student loan company
70
27/11/2020 11:01:58 20 4
bbc
How many of the students will actually fully repay their student loan.
74
27/11/2020 11:05:52 10 0
bbc
Depends where you live, In Scotland you don't have to pay to go to University...
190
27/11/2020 11:58:25 10 6
bbc
And of course there is never the case of bank of mum and dad? Yes students take out impossible loans but only start paying back later. The price of allowing Universty education for all ( a good thing). Should have limited tuition fees to £3k not £9k!!
256
27/11/2020 12:26:26 25 7
bbc
Nobody forced them into Uni, in fact 90% probably shouldn't be there in the first place.
949
27/11/2020 17:35:39 5 0
bbc
how many pay the loan back??
27/11/2020 23:10:19 2 0
bbc
Most students will never pay off the student loan. Before STUDENT grant when they took out loans they had to pay them back whether they pass the course or not. Don't know they are born
28/11/2020 08:42:31 1 0
bbc
There were student grants when I was at university - so no loan to repay. However basic rate tax was 34%, so we actually paid more from our wages than graduates do now.
49
27/11/2020 10:53:44 222 8
bbc
I always thought that if you worked all your life paying taxes and NI then the country, that is the government and society, was entering into a contract to pay some of this back to you when you retired. Also when the current pensioners WERE working were they not making it possible to pay a state pension to pensioners of their day. I never complained about that, what has happened to society?
179
27/11/2020 11:54:23 50 9
bbc
Did it got the (moth eaten) T shirt . Welcome to the real world of MP gold plated pensions and high salaries......
188
27/11/2020 11:57:30 10 0
bbc
Many of the pensioners you referred to when you were working didn't live for very long, hence the nation could afford it. The average length of time someone born in, or just after the war will receive far more due to their life expectancy. I'd be very surprised if the NI 'war children' paid would cover the pensions they receive over their lifetime. NI payments are not just for state pensions.
411
27/11/2020 13:30:51 7 4
bbc
Firstly the older generation grew in size meaning it became much more expensive to support them.
Secondly it started adding things like winter fuel allowance to the bill which is something they never provided when they were paying.
Thirdly it burned its side of the social contract by removing things like free further education.
Your generation chose a 'me me me' society, this is the consequence
412
27/11/2020 13:31:10 2 3
bbc
Unfortunately thatcher didn't believe in society and therefore privitised everything. The pension problem was obvious even to greedy tories in the early 90s. Remember "contracting out"? I bought into an awful pension plan.. Lost loads... In the same boat as a lot of people my age (55) relying on downsizing profit to last the rest of our lives. All down to thatchers property spasm...
462
Dcf
27/11/2020 13:39:55 6 1
bbc
Totally wrong. Those contributions go to pay the pensioners of the current period as it happens.
There is NO savings plan involved. Never was.
Fact is, you worked, you paid tax, you received the rest and spent it all.
That's where most people mess up. That left over money is the money you need to survive on when you can't work for it anymore.
Don't like it?
Tough! That's the way it is.
680
27/11/2020 15:15:01 4 0
bbc
When the current pensioners were paying the pensions of the previous generation, they outnumbered them considerably. That is not the case now, when almost 20% of the population is retired.

There aren't enough workers to support the sheer size of the retired population, which is only set to continue growing. The cost of state pensions currently exceeds the cost of the police and the military.
27/11/2020 18:20:06 3 1
bbc
Society in this country has gone down the pan. Too many people who do not want to work, too many thieves, too many selfish people, too many who think they should have everything they want, too many people who are rude, and don't give a damn about anyone else. This is not helped by rich getting even richer, wage gap getting bigger and house prices through the roof so fewer can afford to buy.
27/11/2020 23:20:53 0 0
bbc
which is it? are workers paying into a fund expecting it to be paid back or were they supporting the pensioners of their time. Note that 30 years ago there were more people of working age and fewer people in retirement. People tended not to live as long. And the majority of pensioners were unable to work.
As life expectancy and health has improved retirement age has not risen to reflect that.
13
27/11/2020 10:35:28 14 32
bbc
I think the triple lock has to end. we are really screwing the youth of this country- they have to pay for education that we got for free. they are suffering hard for a disease that doesn't affect them and they will be paying the bill off for the next 40 years.
we should look after all in society, things have swung too far against the young.
50
27/11/2020 10:53:51 9 2
bbc
The young now will become the old, if we don't start to raise the state pension soon the young now will be desperately poor pensioners.
21
27/11/2020 10:44:27 119 16
bbc
I am thinking ahead - i am forgetting the big mortgage for a house and forgetting the fancy cars to save up privately so i have a decent savings amount for when i retire so i don't have to rely on state handouts in the form of a state pension - if possible, people need to be sensible - plan for their future.
51
27/11/2020 10:54:37 12 5
bbc
Yes, then perhaps spend all those savings on care costs rather than yourself where as one could have no savings and get free care....
9
27/11/2020 10:33:18 3 29
bbc
Boomers taking from the poor to feed from the rich. It's really a kind of anti Robin Hood.
52
27/11/2020 10:54:54 10 3
bbc
You cannot be serious
53
27/11/2020 10:55:26 200 12
bbc
It needs to be said again and again, and again that the UK state pension is miserly compared to other advanced economies in Europe. The triple lock goes a small way to levelling of this difference between the UK and European pensions Further, the triple lock over time will benefit those who are currently of working age when they retire.
103
27/11/2020 11:07:56 38 129
bbc
The triple lock is already unsustainable. It won't be available to many people of working age when they retire. This is due to an ageing population, with less and less people of working age to support the State Pension. Your NI contributions are saved in a pot somewhere for when you retire.
126
27/11/2020 11:17:06 9 6
bbc
The triple lock is already unsustainable. It will not be available to many people of working age when they retire. This is due to simple demographics. An ageing population with less and less people of working age to fund the State Pension of the future. Your NI contributions are not saved in a pot for when you retire.
159
27/11/2020 11:49:28 9 3
bbc
'the triple lock over time will benefit those who are currently of working age when they retire.'

Could you give me an idea when that's likely to be as it's moved twice already.
678
27/11/2020 15:13:24 2 1
bbc
@daviddispat: your statement is completely wrong.
France's basic state pension is actually 33% LOWER than ours.
https://fullfact.org/europe/pensioners-eu-uk/
we also have pension tax credits and many other benefits to support the low incomes...
852
PS
27/11/2020 16:32:52 1 0
bbc
Earnings are higher in Europe, and most pay more for their pensions, so if the UK government increased your tax to pay for a higher pension, would people accept ?, I don't think so.
872
27/11/2020 16:47:51 1 0
bbc
Problem is, that's now a big problem for many European countries, whose state pension is now 11-15% of GDP vs nearer 5% for UK, as Thatcher heavily promoted personal pensions in the 1980s
27/11/2020 23:22:57 2 0
bbc
I'm not sure whether you are naive in thinking the triple lock will last 30 years, or deliberately attempting to mislead.
23
27/11/2020 10:45:18 30 1
bbc
That's why the state pension age has been increasing, to try to make it more sustainable. Fairly in my opinion.

And don't forget most of those who get the state pension have paid for it by paying income tax and national insurance for several decades.
54
27/11/2020 10:55:59 5 1
bbc
Exactly, I've been working for twenty years and probably have another thirty to go...
55
27/11/2020 10:56:33 66 11
bbc
And. By the way. I do not even get the full state pension, on account of paying into my employers scheme. Where is the justice in that?
390
27/11/2020 13:23:45 41 4
bbc
I don't understand your position. Paying into an employee's pension scheme should not affect your entitlement to pension. Of you mean you opted out and paid less NI then that would be a reason.
427
27/11/2020 13:36:07 6 1
bbc
The justice is that you were contracted out of the state scheme, and therefore paid a different (less) class of NI contributions whilst at the same time benefitting from tax relief on your contributions to your employers scheme and additionally whatever amount the employer was obliged to contribute.
429
27/11/2020 13:36:26 7 4
bbc
Those who have paid the 'contracted out' NI most of their working lives get less pension that those who have been credited with NI for not working!

I agree not fair
494
27/11/2020 14:03:13 4 1
bbc
Your company scheme pays out the equivalent to make up the shortfall because your NI went to the company scheme instead of the government.
27/11/2020 23:54:20 0 1
bbc
You get a better pension from your employer. Plus you will get a full state pension, you just need to pay into it for a bit longer.
10
MVP
27/11/2020 10:34:07 19 21
bbc
Public sector pensions are un-affordable. The government needs to grasp the nettle here and bring them in line with the private sector
56
27/11/2020 10:57:12 13 3
bbc
Why does everything have to be a race to the bottom?
57
27/11/2020 10:57:19 92 14
bbc
Considering the state pension is already a starvation pension he should be at least leaving things as they stand, any variations to it other than a massive increase he should hang his head in shame and resign.
27/11/2020 20:33:59 5 4
bbc
You paid starvation rates into the NI bucket.
41
27/11/2020 10:51:23 258 15
bbc
Why is everything in the UK about leveling DOWN. We should be looking to level up, that includes everything pay, social security, paying more tax etc, like all over Northern Europe. Yes prices will go up, but just look at the standard of living there, walk around here where I live and it is run down and neglected. All that North Sea Oil revenue wasted.
58
27/11/2020 10:57:23 153 186
bbc
Thatcher wasted a lot of it fighting the miners and paying the dole queue .
What was left was squandered on bombs and bullets.
170
27/11/2020 11:52:20 25 9
bbc
The change from being the 'Sick Man of Europe' to one of the best economies did have a cost. One worth paying though.
196
27/11/2020 12:01:25 22 12
bbc
Still is squandered on Trident , HS2 etc etc
240
27/11/2020 12:17:57 40 27
bbc
Fighting the miners was an excellent cause. Why should other hard working people subsidise massively loss making industries? Us SME people just go bust if we make losses, we don;t get funded by other people's tax. Unions should work with companies, not against them. Mrs T did us a great favour.
274
27/11/2020 12:33:41 25 9
bbc
Many say she was trying to limit union power from shutting a nation. Well whatever side one takes the blocking roads/barring access to plants blocking entries/exits etc is a criminal offence. Being a picket doesnt change that then or now. Justifiable empathy for miners and others BUT closing operations elsewhere by huge blockades unacceptable. Force of physical numbers/mobs cant be tolerated.
648
27/11/2020 15:00:28 0 2
bbc
100% CORRECT Thatcher used the Pension Pot for closing down industry etc No the 'younger' generations want us to get less or same as them when we have paid in for 51 years and they have paid in nowt.
HJ
27/11/2020 22:53:48 1 1
bbc
Yes and Tony Blaire and his kronies got very rich off the back of Thatchers policies. But that gets overlooked. Thatcher done so much more for this country. And I was horrified at the time but I soon saw the positives. Unfortunately a lot of champagne drinking labour supporters also got more rich from Blair’s 12 painful years. And now think their for the people LOL. They Have no clue
59
27/11/2020 10:57:55 15 12
bbc
tory manifesto promises are always just window dressing to win the vote and anyone who takes them seriously needs their head examined. They lie as soon as they open their mouths.
82
27/11/2020 11:09:53 3 4
bbc
Covid has put a spanner in the works
40
27/11/2020 10:51:21 434 25
bbc
Poverty in retirement shouldn't be expected.

The British state pension is disgusting compared to our European counterparts.

Always amazed me why people aren't angrier about this?
60
27/11/2020 10:57:57 323 64
bbc
If more paid in more would come out, cannot expect something for nothing, and thinking about all those who have been on benefits for years still get a decent payout. My NI contributions over 47 years was just over 256k yet someone who contributed substantially less will get the same pension as me, perhaps those who pay more should get more.
81
27/11/2020 11:09:14 58 9
bbc
Personally, I'd prioritise elderly care over defence spending but I appreciate I'm in the minority.

Bombing Libya > Dignity in old age
241
27/11/2020 12:21:14 17 0
bbc
It's annoying but we payers in just have to accept this, it took me a while but there's no point being annoyed. Anyway the workers of the time are those who pay the pensioners their SP. The UK gov solution was always to encourage people to save in company or private pensions hence the tax breaks.
322
27/11/2020 12:53:31 5 2
bbc
agree
324
27/11/2020 12:54:12 18 7
bbc
Get what you paid in. Same as pay nothing in get nothing out
377
27/11/2020 13:19:32 31 6
bbc
Just one caveat to that: some have not paid in because they are disabled or disadvantaged in some way, and cannot get or do work. I still think they need to be treated fairly and supported in old age. And that is always the bottom line: how do you differentiate between those who haven't contributed because they're lazy, and those who would have if they could but were unable to? You can't.
442
27/11/2020 13:39:51 25 13
bbc
In a capitalist society we cannot ALL be successful. It is a financial impossibility. The measure of a society is how well we look after those worse off or disadvantaged. Congratulations on being privileged enough to afford £256K NI.
466
27/11/2020 13:48:50 28 4
bbc
If you paid in over £256k over 47 years then you should be getting more via SERPS?
Plus if you averaged paying in £5K of NI per year over that length of time, you must have had a decent job that offered an occupational pension as well.
599
27/11/2020 14:40:31 3 3
bbc
Not how it works."from each according to their means to each according to their needs"doesn't work like that either.By way count PAYE,NI,VAT,Excise,Council tax,you paid well over £256k.For a pension of sod all.Those payments did cover roads ,rail,rubbish collection,street lights (ours turned off when dark)police station closed now being rebuilt as flats more council tax).I didn't sign up for this.
605
27/11/2020 14:43:10 3 0
bbc
It is a shame the NI contributions were not invested properly from the start and used to build prosperity instead of being used to fund vanity projects and tax cuts. Too late now.
704
27/11/2020 15:30:41 5 0
bbc
Your NI Contributions of £256k also included funding the NHS and Welfare system, so there is no equivelence to your Pension drawdown
859
27/11/2020 16:39:44 0 2
bbc
NI of 256k over 47 years means and average annual income of nearly 60k you must have had a really good job
992
27/11/2020 18:06:31 2 1
bbc
Definitely agree, we need to force the work shy to work - they should get at least half state pension if they have contributed less than 10 years NI. Benefits should reduce after 2 years by 10%/year. After 2 years unemployment all people should be given a job that they can do, if they refuse no benefits. Cannot give up job either, if they do no benefits. Money will be better spent elsewhere.
27/11/2020 19:40:43 3 1
bbc
That’s not how it works, NHS is funded by taxes we all pay different amounts but can expect same treatment. State pension the same your NI contributions do not just cover the state pension but access to benefits. You should think yourself lucky you didn’t have to claim benefits . Look at it another way it’s called Insurance, I pay insurance on my house but have never claimed .
27/11/2020 20:20:35 2 0
bbc
Totally agree. Especially when you take the employee contribution into account. I get much less than the post 2016 amount because I was contracted out so I have been punished for having a company pension. Those who managed to work very little and spend time on the dole get the full pension plus pension credit.
27/11/2020 20:52:13 1 0
bbc
Me too! Started work at 16, retired at 66 due to ill health following a heart attack. Along the way I was made redundant 4 times, but got other less well paid jobs because I had a family and mortgage. Never had any handouts and never got into debt, and paid all my dues. Enough said . . .?
HJ
27/11/2020 22:33:08 1 0
bbc
Totally agree. Like the German health service. Pay nothing and you get basics. Pay tax get more. Pay extra get even more. It’s quite simple really.
27/11/2020 22:48:04 0 0
bbc
There are many reasons why someone may have contributed less than you were able to; childcare, caring responsibilities, periods of unemployment through no fault of their own etc, etc.
28/11/2020 09:47:26 0 0
bbc
absolutely true. full ni contributions record should be at least double ' no contributions record' payments.
28/11/2020 19:12:26 0 0
bbc
Until April 2016. Those who did pay more in got more out under S2P (State 2nd Pension) rules, it was SERPS (State Earnings RELATED Pension Scheme) rules before that, and before that Graduated (albeit a pittance). Since April 2016 we have had a flat rate scheme provided you are either earning, registered unemployed or a registered carer.
28/11/2020 21:31:46 0 0
bbc
£256k means nothing without putting into context of what % of your actual salary that was and here is some bad news for you, the poor pay more as they pay 12% on everything after taking into account the NI Allowance, whereas, you were only paying 2% at the upper earnings limit. So cry me a river, fool.
14
27/11/2020 10:38:19 457 32
bbc
We have the worst state pension in the developed world already
61
27/11/2020 10:58:41 29 3
bbc
And company and private pensions are a complete rip off. Why doesn't the EBC every report on how much pension fund managers and pension companies take from pensioner's investment pots? Its a complete disgrace.

Why are pension fund managers multi-millionaires?
974
27/11/2020 17:53:03 2 0
bbc
To be fair, a company scheme is generally good .. the company pays in at least what you pay, sometimes more, so you are doubling your investment at least straightaway. So it grows faster and more is invested. The funds have to be managed and paid for - most schemes the companies pay the fees. A private scheme with only you putting in is much poorer. Fund managers have many funds, so get a big pay.
27
27/11/2020 10:46:59 49 23
bbc
The BBC constantly complain that the State Pension is too low yet they also complain when it is increased above inflation.

Basically the BBC just love complaining.
62
27/11/2020 10:58:44 54 7
bbc
And yet they have nothing to complain about ! BBC staff are vastly overpaid and on extremely good pensions.
290
27/11/2020 12:38:49 2 2
bbc
You know this how??

True, BBC pensions used to be quite good, but that was because you used to have to pay nearly 8% of your salary into your company pension. These days the average company pension contribution in the UK is 4%. So is it surprising that BBC pensions WERE quite good.

Also, BBC like-for-like general staff salaries are about 85% of those in commercial world.
681
27/11/2020 15:15:34 1 0
bbc
When we get to see the pay and pensions of their commercial rivals, then all will be revealed. Can anyone see that happening soon.
63
27/11/2020 10:58:49 11 0
bbc
Does none else think it unfair that the month of your birthday could mean a significant change of pension you are paid? I for one did know there was a difference in rates, prices aren’t different in shops for older pensioners so why should pensions differ.
135
TV
27/11/2020 11:25:09 1 0
bbc
They are that different once you take account of pension credit and SERPS provision just more provocative if you put it down like that
805
27/11/2020 16:18:52 1 0
bbc
Hey - I got a £0.25p increase when I turned 80!
933
27/11/2020 17:24:07 0 0
bbc
Mmm I wondered that
64
27/11/2020 10:59:23 118 2
bbc
The average UK pension pot at time of retirement is just under £50k (and shrinking)

Currently nearly 60% of Brits have less than £1000 savings.

Some of the comments here are completely out of touch with current realities.
776
27/11/2020 16:07:27 20 2
bbc
IMHO You need a pension pot of £1 million if you don't want to spend the capital.
944
27/11/2020 17:34:14 7 1
bbc
too many spend and spend(drink, holidays latest phones, sky tv etc) and then blame the gov when they have no money left
27/11/2020 19:32:59 2 0
bbc
The average size of EACH pension pot at retirement is C £50K

There are no statistics I have seen on the average aggregate of all an individual's pension pots. I was a Pensions specialist, and some clients could have a dozen different pots, none of their providers, nor HMG, knew the total values of all pots ( as long as they did not exceed the 7 figure Lifetime Allowance)
28/11/2020 12:55:25 1 0
bbc
People need to take responsibility for saving for a decent retirement. No one should be relying on just the state pension
65
27/11/2020 11:00:32 325 31
bbc
The UK state pension is already one of the least generous in the developed world. The notion that people that have worked all their lives should now be penalised is an absolute disgrace. It was a manifesto promise and enshrined in government policy that pensioners would continue to get annul pension increases index linked. To betray that promise would be outrageous.
127
TV
27/11/2020 11:23:32 51 15
bbc
It isn't fair to say that if you look at France, Spain, Germany etc the state pensions are done on a different basis and the basic level is actually lower than the UK. However they get more for higher earners as they pay based on earnings and these are the figures you see. However they don't have the occupational pension system we have which now sees 8% of earnings going in.
327
27/11/2020 12:56:25 3 4
bbc
Just think, the Tories will be out of power by 2024!
589
Ned
27/11/2020 14:36:11 6 1
bbc
So you don't think the biggest global economic shock in history might be justification to have a rethink?
610
27/11/2020 14:44:18 3 1
bbc
it was a manifesto pledge to continue paying the Foreign aid a 0.7% of GDP but that has stopped them reducing it......Just like all politicians- promises and pledges go out of the window once the election is over.
730
27/11/2020 15:44:35 4 0
bbc
The problem with international comparisons is the exchange rate.

The £ is down around 25% since the REF so comparisons with Germany France will be 25% down
947
27/11/2020 17:35:16 1 1
bbc
The state pension is far too generous. It should be a sack of mealy meal once a month and that is it.
27/11/2020 23:51:33 0 0
bbc
I don’t disagree but you talk as if it is shocking that THIS government would betray a promise. Given its leave campaign and the re-election campaign was based on lie after lie, this is not surprising!
66
27/11/2020 11:00:38 10 5
bbc
With everything that is going on right now, it is pointless speculating what the state pension increase will be in 2022.
67
27/11/2020 11:00:59 15 6
bbc
The conservative manifesto promises are starting to fall like dominoes. The triple lock was designed to increase the state pension over the medium term and ensure that it was not allowed to fall again to the low level which it had reached so ensuring that every pensioner has a basic level of income. Everybody, God willing, will be a pensioner one day. Cut the military budget increase instead.
79
27/11/2020 11:08:33 4 7
bbc
The manifesto was pre covid
68
27/11/2020 11:01:25 103 26
bbc
This is the guy who wants to give MPs a £3,300 raise.
186
27/11/2020 11:57:15 44 25
bbc
... the govt gets no say over MPs pay ...
213
27/11/2020 12:07:40 11 1
bbc
Not really. His name might be at the top of the page, but it's the IPSA that decide on MPs salaries, which then require Parliament to approve
953
27/11/2020 17:36:39 0 0
bbc
Complete B**S***.
69
27/11/2020 11:01:57 17 4
bbc
Go on - just get rid of the State Pension triple lock; you know you want to. That's good 'ol democracy- freedom to be dirt poor and unhealthy. Brill.
48
27/11/2020 10:53:12 56 32
bbc
Not quite true when younger people have had to pay for higher education, especially where said repayments could have gone into a pension pot rather than to a student loan company
70
27/11/2020 11:01:58 20 4
bbc
How many of the students will actually fully repay their student loan.
195
27/11/2020 12:00:26 11 2
bbc
That's only half the argument. How much has the Government saved by not having to pay for further education which benefits everyone in society.
27/11/2020 18:24:34 6 0
bbc
Fewer than 40%
27/11/2020 23:39:39 0 1
bbc
they might be able to if the scheme did not change interest far above market rates, the students would clear their loans that way, but less would be paid back to the government.
Regardless of whether they will or won't pay it off, they will still be paying thousands more per year in tax for their entire working lives, that could have been paid into a pension.
To reduce the debt they must earn £50k
71
27/11/2020 11:02:19 27 13
bbc
Scrap the 'elephant in the room' IE (the HS2 project) over priced, over valued and will be nowhere near financially viable as told (lied). That would save Billions in one trust and help level the pension, 2nd scrap the BBC, again over priced, under viewed and nowhere near value for money or has anything positive to say about Briton and should at least lose that part of its arrogant title.
403
27/11/2020 13:28:02 8 1
bbc
London Centric again. No one ever says the billions pumped into the late and over budget Crossrail should be cut. Then of course the bail out of TfL foes ahead costing the whole country billions so Khan can buy votes with cheap or zero fares for his voter base.
72
27/11/2020 11:04:20 33 19
bbc
Perhaps there would be more money in the government money box if we stopped giving overseas aid to those countries with their own space and nuclear weapons programs. Not forgetting the extra money given to illegal immigrants rocking up on the shores of Kent all of the time.
265
27/11/2020 12:30:17 11 2
bbc
Anyone would think we've stopped Foreign aid all together. Far from it - we'll still be contributing far more than most countries in the world. Not to mention the amount of it that gets eaten up by vast organisations before a single penny ever reaches the right destination! Way past time we used that money to sort our own problems out!
848
27/11/2020 16:35:13 3 1
bbc
Spot on!
73
27/11/2020 11:04:53 607 55
bbc
Surely the state pension should be the living wage at least. I retire next year and my income will be less than half of what I earn now . Don't tell me to be frugal , started work at 15 and worked every year , some poorly paid jobs . Never had any hand outs .EVER . So pay a fair pension for fair life's work.
89
27/11/2020 11:18:34 241 40
bbc
I agree. Its a pittance same as uniersal credit. A friend lost his job aftr 10years due to this over reaction to the pandemic and is getting the ame as someone who has never worked and its a pittance
199
27/11/2020 12:03:12 22 35
bbc
What is this weird idea a pension should remotely be close to a working wage? Never understood that modern attitude. Once there was no pension at all. You never expect to do more than eat and survive on a pension. It should never be funding fun and holidays.
270
27/11/2020 12:25:06 9 0
bbc
depends how you are willing to pay into your pot i am afraid
317
27/11/2020 12:52:14 12 1
bbc
Im retiring in 2022 at 66. I'm dreading the time in between
624
27/11/2020 14:49:36 5 0
bbc
Why the living wage if you're not a wage earner, don't have a family to raise, mortgage to pay, you don't need as much as young working families. I'm 66, btw.
886
27/11/2020 16:53:00 2 1
bbc
A pension is not payment for a life's working, its a living allowance for those beyond working age, who no longer have children to raise, mortgages or family-size rent to pay and- of course, taxes to pay for such as the health service used mostly by the aged.
942
27/11/2020 17:33:53 0 0
bbc
Why should it be the living wage? Why do pensioners have a right to a life?
968
NG
27/11/2020 17:48:10 2 0
bbc
Younger generations are being told to save into private pensions and not to rely on the state pension as a sole source of income in retirement. By the time many of us get to retirement, who knows how much less generous the state pension will be than it is currently. Perhaps the current generation of retirees should have taken a similar approach.
27/11/2020 18:34:25 2 0
bbc
The assumption is that by the time you retire you have paid off your mortgage (most people’s largest expense) & therefore don’t need as much money on a monthly basis to maintain your lifestyle as your expenses have vastly reduced (no more commute etc)
27/11/2020 19:34:25 0 0
bbc
Surely you have private pension savings, if not, then what did expect in old age...You have a fair pension, and it's your fault if it's not enough.
48
27/11/2020 10:53:12 56 32
bbc
Not quite true when younger people have had to pay for higher education, especially where said repayments could have gone into a pension pot rather than to a student loan company
74
27/11/2020 11:05:52 10 0
bbc
Depends where you live, In Scotland you don't have to pay to go to University...
28/11/2020 00:13:41 1 0
bbc
The English taxpayer pays for it via the Barnett Formula.
75
27/11/2020 11:06:01 17 4
bbc
It is impossible to survive on a basic UK state pension.
If Sunak decides use a dodgy wheeze to reduce the increase in state pension most of the shortfall in pensioners income will still have to be funded by the tax payers in the form of other social security payments.
Most of the nursing home charges are funded by the tax payers!
111
27/11/2020 11:30:02 10 6
bbc
How old would you have to be to think that the basic UK state pension would be adequate on its own?

Every job I have ever had has always offered a private pension to top up the state pension.

For decades the onus has been on individuals to put something aside for retirement with a private pension or savings for retirement.
10
MVP
27/11/2020 10:34:07 19 21
bbc
Public sector pensions are un-affordable. The government needs to grasp the nettle here and bring them in line with the private sector
76
27/11/2020 11:07:25 8 2
bbc
You realise this debate is about a rise in the State pension, one of the lowest in Europe, we all get, regardless
Not public sector v private sector pensions?
77
27/11/2020 11:07:35 249 16
bbc
Id sooner the state pension go up for people who have contributed through taxes than give it to others who haven't
723
27/11/2020 15:40:26 42 46
bbc
That would be everyone then, Since Mrs T changed taxation system from total direct taxation to a mix with indirect taxation, every single person pays tax, did you not know this?

strange that you did not understand that, we all pay taxes sorry to burst your bubble
78
27/11/2020 11:08:24 338 76
bbc
Here go the BBC stirring up hatred towards OAPs from young people yet again, what a surprise. Remember kids, you’ll be a pensioner some day, you already think the world owes you a living. Take away the triple lock now and you’ll effectively be stealing your own future. Good luck with that ??
83
27/11/2020 11:10:13 62 173
bbc
'You already think the world owes you a living'

You seem bitter....Why is that Steve?
92
27/11/2020 11:23:54 38 8
bbc
"Remember kids, you’ll be a pensioner some day ... and you’ll effectively be stealing your own future."
---
Any 'kid' with even the faintest delusion the state will provide for all their needs as generously as it does for the current crop of pensioners needs their head examined, urgently. And then start up their own pension plan.
117
27/11/2020 11:32:13 28 8
bbc
In the next few years there will be a lot of retiring BBC executives and those the BBC imagine are stars, getting pensions far higher than they will need or deserve, after years of being underworked and overpaid, just to keep them in the lifestyle they've come to expect. I doubt the BBC will be complaining about that.
125
27/11/2020 11:14:10 10 16
bbc
You are imagining that.
198
27/11/2020 12:02:21 10 20
bbc
*whinge* *moan* something... something... snowflakes
234
27/11/2020 12:13:30 32 9
bbc
BBC traditionally has a more mature audience. It is now trying to pander to the young, which will not work, hence its rapid demise. A sad end to a once great organisation.
339
27/11/2020 12:52:37 16 8
bbc
Spot on Steve; you beat me to it!
359
27/11/2020 13:10:45 17 6
bbc
Well said mate
675
27/11/2020 15:12:04 5 3
bbc
So Steve, when you were of working age were you paying enough tax to support pensioners of the time with a good state pension?That would be no.....
742
27/11/2020 15:48:02 7 2
bbc
"you be a pensioner one day" probably not mate given I'm 33 at the moment and every couple of years the state pension age goes up, the average life expectancy is falling too, sadly can't see me living long enough to get one
796
27/11/2020 16:15:53 6 5
bbc
Coming from the generation that had everything for free.
835
27/11/2020 16:28:37 7 3
bbc
By the time today's youngsters reach old old there won't be a state pension as the system will have collapsed under the outsized weight of the baby boom generation.
950
27/11/2020 17:35:55 0 6
bbc
I hate you because you are a pensioner.
67
27/11/2020 11:00:59 15 6
bbc
The conservative manifesto promises are starting to fall like dominoes. The triple lock was designed to increase the state pension over the medium term and ensure that it was not allowed to fall again to the low level which it had reached so ensuring that every pensioner has a basic level of income. Everybody, God willing, will be a pensioner one day. Cut the military budget increase instead.
79
27/11/2020 11:08:33 4 7
bbc
The manifesto was pre covid
7
27/11/2020 10:31:08 10 9
bbc
you clearly have no idea what you are talking about.
80
27/11/2020 11:08:51 2 2
bbc
You ok hun?
60
27/11/2020 10:57:57 323 64
bbc
If more paid in more would come out, cannot expect something for nothing, and thinking about all those who have been on benefits for years still get a decent payout. My NI contributions over 47 years was just over 256k yet someone who contributed substantially less will get the same pension as me, perhaps those who pay more should get more.
81
27/11/2020 11:09:14 58 9
bbc
Personally, I'd prioritise elderly care over defence spending but I appreciate I'm in the minority.

Bombing Libya > Dignity in old age
59
27/11/2020 10:57:55 15 12
bbc
tory manifesto promises are always just window dressing to win the vote and anyone who takes them seriously needs their head examined. They lie as soon as they open their mouths.
82
27/11/2020 11:09:53 3 4
bbc
Covid has put a spanner in the works
78
27/11/2020 11:08:24 338 76
bbc
Here go the BBC stirring up hatred towards OAPs from young people yet again, what a surprise. Remember kids, you’ll be a pensioner some day, you already think the world owes you a living. Take away the triple lock now and you’ll effectively be stealing your own future. Good luck with that ??
83
27/11/2020 11:10:13 62 173
bbc
'You already think the world owes you a living'

You seem bitter....Why is that Steve?
360
27/11/2020 13:11:15 5 2
bbc
because its true
446
CPJ
27/11/2020 13:33:56 11 3
bbc
Not bitter just being realisitic
548
27/11/2020 14:22:26 6 1
bbc
Probably because he has paid into the system for 50 years and getting not much back ?
761
27/11/2020 16:00:40 3 3
bbc
He doesn't sound bitter, just stating the facts !
27/11/2020 21:02:41 0 0
bbc
Don't know why you are asking Steve that question. Look at the number of likes he got.
84
27/11/2020 11:11:21 31 4
bbc
Shielding since March I have been 'lucky' to arrange online supermarket deliveries for 50p until now, when some major supermarkets now charge £4 for 1 hour window or £1 for 4 hour window. I have no other benefits except an old style basic state pension. The 2.5% rise goes nowhere Council Tax eats it up each year so hopefully 4.1% will happen!
85
27/11/2020 11:13:03 6 13
bbc
State pension up but almost everyone else get a pay freeze. Yes the state pension is small but how are we going to pay for it. Its comes from taxes raised from people working. The myth is that I paid in to it. My parents lived to their late 80`s and got more out than they paid in. My children are struggling who is helping them. And they have well paid jobs.
116
27/11/2020 11:32:06 4 0
bbc
The govt should get its act together and get people working. Your family's problems are not the fault of pensioner it's the fault of this Conservative govt who from 2010 have mismanaged the economy and are now using the pandemic as a get out. Me I worked and paid my taxes from 16 to 68 By the way they are your children so if they need help it is your duty to give it to them not me.
149
27/11/2020 11:45:41 1 0
bbc
Everyone who pays National insurance pays into "it".That is what the National Insurance is.It is a form of insurance that everyone pays into in order to be able to claim certain benefits,thus State pension is a type of benefit.Pay fully into the National Insurance scheme for 35 years and you are intitled to full State Pension.
341
27/11/2020 13:04:34 0 0
bbc
If your kids are struggling even with well paid jobs they need to get their priorities right..
86
27/11/2020 11:13:10 11 3
bbc
The problem with state pensions is that people in general are living longer & the population is continually growing, there's going to come a time at some point in the future when their simply wont be enough money to pay everyone of retirement age a decent state funded pension.

What's the answer to that ! I don't know but somewhere down the line someone is going to have to find a solution to it...
124
27/11/2020 11:38:07 7 1
bbc
As long as the population is continually growing there will always be enough people to pay.
187
27/11/2020 11:57:16 1 1
bbc
My answer is to replace the present govt with one that will grow the economy so that taxes will grow to pay for decent state pensions At the moment Johnson/Sunak are more concerned about saving a barmaid's job than he is about manufacturing jobs
87
27/11/2020 11:16:16 8 18
bbc
Remove the triple lock. It was put in to cover Brown's embarrassment following the 75p pension rise, and we can't afford it any more.

It's time pensioners understood that young working people, finding it hard themselves to make ends meet, can't keep funding their inflation-busting pension rises any longer.
158
27/11/2020 11:48:30 5 0
bbc
Do you not understand the triple lock was written into law by Cameron/Clegg. Now if Johnson/Sunak removes it they will be breaking Britain's domestic law
88
27/11/2020 11:16:52 11 11
bbc
Maybe don't dish out £10,000,000,000 in foreign aid and use it here more productively. Since when are we the worlds credit card
73
27/11/2020 11:04:53 607 55
bbc
Surely the state pension should be the living wage at least. I retire next year and my income will be less than half of what I earn now . Don't tell me to be frugal , started work at 15 and worked every year , some poorly paid jobs . Never had any hand outs .EVER . So pay a fair pension for fair life's work.
89
27/11/2020 11:18:34 241 40
bbc
I agree. Its a pittance same as uniersal credit. A friend lost his job aftr 10years due to this over reaction to the pandemic and is getting the ame as someone who has never worked and its a pittance
147
27/11/2020 11:45:28 7 5
bbc
I’ve 32 years work and for 20 been in the 50% threshold, what do they spend it on!? Whitehall needs ripping to pieces and rebuilt, and Westminster should be sold, relocate the whole thing
219
27/11/2020 12:11:23 43 4
bbc
I got made redundant 2 years ago, worked 35 years, and all I could claim was Job seekers, still had to pay council tax, got 75/ week and council tax 100/month. The benefit system favours the people who pay the least in to it.
257
27/11/2020 12:26:32 37 2
bbc
I have to say, I really do think there should be some increment on all out of work benefits according to how long you have worked, and therefore paid into the system. It really is disgusting that someone who has worked and paid in for 10, 20, 30 years gets no more than someone who has done nothing but taken.
333
27/11/2020 13:01:01 5 4
bbc
I sometimes see the means tested benefits as a bit like insurance where what you get doesn't depend on whether or not you have paid the premium.

Its a bit like you have to have car insurance. But if you crash and damage your car the insurance only pays out if you have no money in the bank.
28/11/2020 09:45:44 2 0
bbc
the biggest injustice is 'is getting the same as someone who has never worked'.
90
27/11/2020 11:20:38 17 1
bbc
What a shame we haven't got parity with the richer countries of Europe with a uniform pension. The UK pension would be much higher and UK pensioners would have a far better quality of life.
458
27/11/2020 13:46:21 4 0
bbc
I would love that. I just wonder how much taxation everyone working would be happy to pay to make it happen.
4
27/11/2020 10:28:59 12 15
bbc
Maybe address lucrative civil service pensions and do away with final salary and may the private and public sector level playing fields for pensions, rather than government gold plated.
91
27/11/2020 11:23:09 7 1
bbc
Final salary went years ago Grumpy. Imposed by the government. Don't let the facts get in the way of your ignorance though.
224
27/11/2020 12:13:45 1 1
bbc
Most "civil servants"are paid minimum wage,just pop down to your town hall and ask.
78
27/11/2020 11:08:24 338 76
bbc
Here go the BBC stirring up hatred towards OAPs from young people yet again, what a surprise. Remember kids, you’ll be a pensioner some day, you already think the world owes you a living. Take away the triple lock now and you’ll effectively be stealing your own future. Good luck with that ??
92
27/11/2020 11:23:54 38 8
bbc
"Remember kids, you’ll be a pensioner some day ... and you’ll effectively be stealing your own future."
---
Any 'kid' with even the faintest delusion the state will provide for all their needs as generously as it does for the current crop of pensioners needs their head examined, urgently. And then start up their own pension plan.
455
27/11/2020 13:44:59 24 2
bbc
I am 57 and convinced that just because I have worked for more than 40yrs, have a workplace pension and continue to work part time I won't receive a state pension at all. I reckon state pension will be means tested by the time I reach my current state pension age in 10yrs. All because I was brought up by hardworking parents and not being bone idle and on the take.
28/11/2020 18:25:56 0 0
bbc
And the current pensions still complain. I blame their parents.
93
Ed
27/11/2020 10:50:57 25 0
bbc
Include council tax rate increase in the CPI calculation.
94
27/11/2020 10:53:03 1 9
bbc
The older folk voted largely for Brexit, knowing that others might suffer but that they would be secure with their lovely triple-lock whatever happens.

Well, you got your sovereignty back...now, you'll have to chip in like the rest of us
114
27/11/2020 11:31:01 8 0
bbc
What an idiotic comment. I voted to remain as did my wife. We’ve been using our savings during this COVID period and the pensions have been a lifeline. You give the impression people are living the high life, certainly not what we are experiencing. Have a bit of respect.
141
27/11/2020 11:42:30 1 3
bbc
The demographics of the Brexit referendum were that the older a voter was the more likely that he/she would vote leave.

Or to put it another way as people acquired more and more experience of living and working in the EU, the more likely it was that they wanted to leave the EU
95
27/11/2020 11:24:07 210 15
bbc
OK. We pay our Pensioners a little over £9000 per year after a life time of paying in, Even assuming a 4.4% increase we are giving them an extra £7 per week.

Compare Pension with:
Nat LIVING Wage for 37.5 hours - £16000 per year
Benefits of up to £25000 per year TAX FREE.

We are mean to our Pensioners.
191
27/11/2020 11:59:25 58 122
bbc
Misleading because you aren't comparing like with like. Those other figures include housing costs. If a pensioner has to pay rent then they will receive that in benefits on top of the £9k pension. If they don't have to pay rent (or mortgage) then £9k for one adult is plenty to live off. Unless you are used to a high wage, in which case you should have paid into a private pension too.
226
27/11/2020 12:14:59 23 9
bbc
And pensioners pay tax on anything over £10500 - assuming they have scrimped and saved. Why are benefits not taxed at the same rate??
877
27/11/2020 16:49:50 2 3
bbc
The living wage surely has to pay for child rearing, housing costs that pensioners no longer have to find - not a sensible comparison
27/11/2020 19:22:29 0 0
bbc
So you want to double or triple the state pension? It already costs 100bn a year. Where are you going to generate 200bn a year to pay for it?
ANN
27/11/2020 21:16:48 1 0
bbc
Who gets £9,000, state pension, I get £7,020!!!!
27/11/2020 22:40:43 0 0
bbc
Benefits of up to £25000 a year plus all the free stuff, that workers don't get free but have to pay for!!!
96
27/11/2020 11:24:53 3 0
bbc
Another sensationalist divisive news story. Two week predictions aren't reliable at present let alone eighteen months.Lets wait and see and not use it as an excuse for pre-emptive action. Billions have been spent combating coronavirus , but unfortunately a large number of people have lost their lives,mostly pensioners. Time for compassion i think, not panic or a watch hunt.
97
27/11/2020 11:25:04 3 2
bbc
Public servants will get a double-whammy: Fishy Sunak will cut their pay and now it looks as though he will fiddle the basis on which the pension increases are made.
98
27/11/2020 10:59:50 1 4
bbc
The state pension is miserly. Unlike public sector pay and pensions. Damage the state pension at your peril Mr Sunak. We would quite like you for PM, but if you upset your natural voters, Mr Farage is still around you know. :-)
110
27/11/2020 11:29:54 7 0
bbc
I suggest that some of the younger members of the population try to live for a time on a state pension. That may reduce their constant bleating about unfairness.

Most of those on a state pension have paid into the system for decades and are not seeing a great standard of living in retirement for their trouble.
136
27/11/2020 11:29:07 1 2
bbc
Perhaps you should have saved more for a pension during your working life.

The rest of us are doing that.
99
27/11/2020 11:26:19 7 6
bbc
If I had known what the UK was going to be like when I was only a teen, I'd have worked very hard to leave and become a citizen in a fairer country that actually cares about it's people
105
27/11/2020 11:28:08 4 3
bbc
It’s never too late. You still have a chance to leave.
108
27/11/2020 11:29:20 2 0
bbc
We'll have a whip around for you. Off you trot.
167
27/11/2020 11:43:34 0 0
bbc
Ha...I did...haven't been back since 1995.....and never looked back. Five years in Germany and now retired to Thailand.....happy days I can tell you.
43
27/11/2020 10:51:41 21 2
bbc
Nonsense, there needs to be something substantial to scrutinize legislation
100
27/11/2020 11:01:24 7 2
bbc
But the HoL is not it!