State Pension

[MOZZER2]

legislation now to inspect your bank accounts if you claim a state pension !

would have thought to look at tax evasion from the big businesses in this country rather than spying at over 30 million people in this country !

Ministers last week rushed an amendment through the Commons, allowing it to look into the bank account of everybody claiming State Pension. Their only reason was that it might be useful one day. The only change which could make it useful would be to means test the State Pension pic.twitter.com/aRRLPWkHLf

— Sir Stephen Timms (@stephenctimms) December 3, 2023

[life on mars]

Re: State Pension

Pensions should be means tested , the thought of millionaires getting triple lock state rises , free bus travel , free prescriptions is a worry for me and the needy and poor ..

Speak up Sir Keir :tumbleweed::tumbleweed::tumbleweed:sure fire socialist cause and vote winner

[Gofer Blue]

Re: State Pension

For me it all depends on what the threshold might be before there is any means tested reduction. I have saved into a private pension scheme for the last 30 or so years of my working life and am now drawing down a modest amount every month from the pot. I think it would be unfair to penalise me for being thrifty over those years and putting some money aside to provide a pension.

P.S. I am not a millionaire but one of the asset rich, cash poor, pensioners.

[Taunton Blue Genie]

Re: State Pension

For me it all depends on what the threshold might be before there is any means tested reduction. I have saved into a private pension scheme for the last 30 or so years of my working life and am now drawing down a modest amount every month from the pot. I think it would be unfair to penalise me for being thrifty over those years and putting some money aside to provide a pension.

P.S. I am not a millionaire but one of the asset rich, cash poor, pensioners.

Indeed. One person scrimps and saves and makes good decisions with their money and another may fritter it away on cigarettes, Netflix and booze. The latter would be rewarded and the former penalised.

[Heathblue]

Re: State Pension

Indeed. One person scrimps and saves and makes good decisions with their money and another may fritter it away on cigarettes, Netflix and booze. The latter would be rewarded and the former penalised.

You have been posting on here long enough to understand if you save and make good decisions you are scum, Netflix and booze are hero worshipped, taking brown envelope jobs elevate you to superstar status.

[Tuerto]

Re: State Pension

Indeed. One person scrimps and saves and makes good decisions with their money and another may fritter it away on cigarettes, Netflix and booze. The latter would be rewarded and the former penalised.

If you sit on your arse watching TV, getting fat, smoking fags and drinking booze, chances are that a person isn't likely to see pension age, or wont see much of the state pension as they'll die. Sounds like a decent financial decision to me.

[the other bob wilson]

Re: State Pension

Utterly predictable how the OP turns into a debate on means testing pensions within one reply (with the obligatory dig at the Labour Party of course).

Mozzer’s got it right with hiscomment for me.

[Eric Cartman]

Re: State Pension

Indeed. One person scrimps and saves and makes good decisions with their money and another may fritter it away on cigarettes, Netflix and booze. The latter would be rewarded and the former penalised.

Thought you were better than to buy into this meme bullshit about why some people are poorer than other people.

[Eric Cartman]

Re: State Pension

The sad fact here is that the state pension is designed to be a bare minimum and not a comfortable lifestyle, contributions would need to be much higher to fund that.

Two competing problems here

- Means testing people who have moderate wealth/income in retirement after telling them their whole life (while they are contributing to it) that the system is solvent/future proof, is a rug pull.

- Doing nothing (keeping triple lock in place for short/medium term) is massively unfair on other cohorts and will see a continuation of a death spiral we are currently in as a departments/services that are an investment in the future/growth (education for instance) are defunded to maintain pension spending. And obvious eventually somebody gets left holding the bag anyway because this Ponzi is set up to fail eventually.

Probably no good choice and I can completely see why people get angry but way too many intelligent people have had their heads deliberately buried in the sand about this issue for far too long.

Basically if you are somebody that recognises birth rate decline, wants migration reduced to next to nothing and thinks we need to maintain the triple lock then you need to go looking for the magic money tree.

[Eric Cartman]

Re: State Pension

Utterly predictable how the OP turns into a debate on means testing pensions within one reply (with the obligatory dig at the Labour Party of course).

Mozzer’s got it right with hiscomment for me.

It's best just to ignore LOM and leave him to it.

[life on mars]

Re: State Pension

Utterly predictable how the OP turns into a debate on means testing pensions within one reply (with the obligatory dig at the Labour Party of course).

Mozzer’s got it right with his comment for me.

Labours silence is deafening , gotta watch the oldie vote

[life on mars]

Re: State Pension

It's best just to ignore LOM and leave him to it.

Up to you , just know its in the political background and best to not ignore , let others see a balance and let every view be seen and heard ..

https://www.eyalliance.org.uk/news/2023/06/labour-party-reportedly-mulling-means-tested-early-years-offer

Yep its in the Labour Party agenda , after the election of course ,they will have to find the millions form somewhere to fund the glorious turnaround of this country , so why not means test the fat pensions some sit on in the public/private sector for the real needy , its a pure socialist thing to do isn't it ????????? ..

What happened to the Corbynistas agenda and fans , they now supporting and voting for Kier Thatcher Blair now?

[A Quiet Monkfish]

Re: State Pension

legislation now to inspect your bank accounts if you claim a state pension !

would have thought to look at tax evasion from the big businesses in this country rather than spying at over 30 million people in this country !

Ministers last week rushed an amendment through the Commons, allowing it to look into the bank account of everybody claiming State Pension. Their only reason was that it might be useful one day. The only change which could make it useful would be to means test the State Pension pic.twitter.com/aRRLPWkHLf

— Sir Stephen Timms (@stephenctimms) December 3, 2023

The comments are 100% correct. The SP in itself wouldn't normally have tax implications.

[ToTaL ITK]

Re: State Pension

Indeed. One person scrimps and saves and makes good decisions with their money and another may fritter it away on cigarettes, Netflix and booze. The latter would be rewarded and the former penalised.

Oh please phuck off

[Taunton Blue Genie]

Re: State Pension

Oh please phuck off

Why not state your opposing opinion and reasoning rather than merely issue the equivalent of a low-level grunt? I am quite happy to read opposing points of view.