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State Pensions

Description: The pros and cons of state pension schemes - Basic and SERPS (State Earnings Related Pensions)

Newest Review: ... we need. Quality of life is important, but if I can only afford 5 nights instead of 7 for a holiday, because the other expenditure goes into my pension pot, then so be it. If I watch the news rather than buy a paper, if I price compare and don't buy a new handbag, until the current one has worn out, if I don't have satellite TV, if I, If I, if I.... well so what? There will be some ... more

... people who are living on or below the poverty line, and I am not targeting them with my comments. However, I am getting upset because I hate that financial education in this country is so lacking. I want people to have a quality of life and, if their des...more

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State Pensions: You will regret it if you don't- and it will be too late. (666 words)
by - written on 08/11/09 (Very useful, 47 readings)
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I wish people would stop complaining that the state pension is not only getting further away. but also that they will never be able to afford to retire, because the state pension is so low. Yes, it is true that we have. compared to many other countries a poor pension scheme., but this is not a new fact, I have known the pension scheme was going to be a help, but not a solution since the day I started paying my national insurance stamps. And yes, when I started it was just that- STAMPS! I am not by any means well off, but I live realistically, knowing that I am not only earning a living for the times I am at work, but that I also need to provide for my ... Read the complete review

If work doesn't kill you, more work will (1621 words)
by - written on 07/07/09 (Very useful, 74 readings)
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If work doesn't kill you, more work will ~~~~~~~~~~~~~~~~~~~~~~~~ I've never been one of those people who looks kindly on the day I can retire, yet I don't blame people who do. The fact that no-one can afford to retire today is a reckless fiasco that has been inbuilt in our greed bitten society for too long. The right to retire is part of our liberty surely. By taking those rights away is bringing in a poorer state of liberty to all individuals who want to. It doesn't surprise me that the powers of be have told their flock to retire at 70 years instead. It isn't our fault that the UK economy is now diminishing at an alarming rate. It has posed many ... Read the complete review

State Pensions: Enough to live on? NO, and that's official. (480 words)
by - written on 26/04/02 (Very useful, 153 readings)
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I am amazed to find that I am the first to broach this topic, maybe I am the only old codger using DooYoo. But State Pensions - HMMM. When whatever bunch decided that pensions should only be tied to the retail price index, ie inflation, at a stroke they decided that whatever increased properity the rest of the population enjoyed, those on pension were excluded. The theory was that having established a standard of living, the best pensioners could hope for was that the pension would maintain that standard and the RPI was to be the measure of that. Whatever one thinks of Gordon Brown's policies in general, I do believe he has tried to make ... Read the complete review

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