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Frozen British Pensions

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4 minutes ago, Percy P said:

But are they paying their fair share of taxes to the treasury for the amount of business  they do in the Uk.

Sorry but I don't understand what point you're trying to make and why you're making it to me. 

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13 hours ago, kingdong said:

Worry about yourself,when I want your advice i,'ll ask for it.think your beloved Europe's going to last when we leave?dream on.

Britain, the pillar that holds the world up. Every 8 minutes a child is made homeless in the UK, capitalism let off the reigns.

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My circa 50 years of NIC's earned me a state pension of 129 Pounds per month yet my private contributions, at a half of that level, over half the time, earned me a pension of 312 Pounds per month. Meanwhile, my SSc contribution over thirteen years in the US earned me a US SSc pension of 160 Pounds per week, how can that possibly be. (a rhetorical question of course)

Edited by saengd

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While they are at it they should also do away with the qualifying criterion for the Winter Fuel Payment that one must have lived in the UK for at least one day during a specific week in September.

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8 hours ago, DannyCarlton said:

Yes I remember that too. I also remember that it was the very first legislation Thatcher repealed after election, which allowed labour intensive manufacturers to liquidate their assets and move manufacturing abroad causing unemploymenyt rates to rise from less than 1 million to 3.5 million. Great for business, not so great for the working man.

The £50 travel limit was removed in 1970, removal was a prerequisite to going into Europe.

It was the exchange control regulations that Thatcher dealt with.

The travel limit was £50 in foreign currency and £15 in sterling. You had to show your passport to get foreign currency and they wrote the amount in your passport.

The good old days before the dreaded EC/EU.

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7 hours ago, saengd said:

And "current level" means what.....my current level is based on the old system, a maximum of about 129 Pounds per week. A person in a different age group would belong to the new system which is much higher, around 165 Pounds as I recall. So to suggest that all expats would be brought up to the new rate is simply ludicrous.

You are quite right, only the appropriate amount would be uprated depending on which system was used to pay the pension.

If I lived in the UK only about half my pension would be uprated as the rest is additional pension and fixed.

A hidden bonus of the new system in that going forward the whole amount would be uprated.

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7 hours ago, DannyCarlton said:

I'm not aware of anyone pegged at £129 unless the don't have the required number of NI contributions.

My pension is frozen at £107 and I paid 49 years and one incomplete year of contributions.

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21 hours ago, fishtank said:

Yes.

We can only hope that they get elected.

Not looking too good though.

For some bizarre reason the Brits seem to prefer the serial liar against the decent man.

 

Corbyn - decent? 🤣🤣🤣

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Only Labour will probably bankrupt the UK in their first term and fail to deliver most of their manifesto pledges, as usual.

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8 hours ago, twix38 said:

Is there nothing Corbyn won't promise to get elected!

 

The guy is a danger to the economy.

 

A reckless man focused on giveaways to bribe voters. It would all end in tears if he's elected.

From the BBC News website 22 November.

 

https://www.bbc.com/news/election-2019-50497288

 

Always remember there is no such thing as a "free" lunch.

 

What is in the Labour manifesto?
£75bn to build 150,000 new council and social homes a year, within five years
An immediate 5% pay rise for public sector workers, with year-on-year above-inflation pay rises to follow
Introducing a "real living wage" of at least £10 an hour
Reviewing the retirement age for people in hard manual jobs
Introducing a second homes tax
Reversing inheritance tax cuts and imposing VAT on private school fees
Giving EU nationals living in UK the automatic right to stay
Reinstating 3,000 bus routes that have been cut
Free broadband for all, delivered by part-nationalising BT
A £3bn plan to offer adults in England free access to retraining
A pledge to reduce all primary school classes to fewer than 30 children
Free personal at-home care in England for over-65s most in need of it
A pledge to renew the Trident nuclear deterrent and spend at least 2% of GDP on defence
Reducing the voting age to 16
 

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11 hours ago, DannyCarlton said:

Yes I remember that too. I also remember that it was the very first legislation Thatcher repealed after election, which allowed labour intensive manufacturers to liquidate their assets and move manufacturing abroad causing unemploymenyt rates to rise from less than 1 million to 3.5 million. Great for business, not so great for the working man.

And what did Labour do in their following 3terms of office? Let the banking industry run amok and bankrupt the economy,how many of Thatchers draconian anti trade union laws did Labour get rid of? And let's not forget the legacy of Blair's love of starting wars,we had a reminder of that last friday.So who do the working class  vote for now?some goat from the 70s who can,t do simple arithmetic?

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2 hours ago, Baerboxer said:

 

Corbyn - decent? 🤣🤣🤣

He,s not even a decent liar.

Edited by kingdong

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3 hours ago, soalbundy said:

Britain, the pillar that holds the world up. Every 8 minutes a child is made homeless in the UK, capitalism let off the reigns.

Held Europe up in the 40s and only just stopped paying its debt back to the usa for the pleasure of it.

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5 hours ago, todlad said:

I know, the Tories have hardly borrowed a penny to pay for their austerity. Or have they borrowed more than any other British government ever?

Say it just one more time.

Edited by kingdong
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