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£155 pension for all

Community Veteran
Posts: 7,905
Thanks: 588
Fixes: 8
Registered: 02-08-2007

£155 pension for all

Sorry not all (Just for people retiring in 2015/2016)
The government are to announce more details next week.
6 REPLIES
Community Veteran
Posts: 7,149
Thanks: 51
Fixes: 2
Registered: 30-08-2007

Re: £155 pension for all

I think that was announced a few days ago.
As someone who reached 65 a few weeks ago....Grrrrr!!
Experience; is something you gain, just after you needed it most.

When faced with two choices, simply toss a coin. It works not because it settles the question for you. But because in that brief moment while the coin is in the air. You suddenly know what you are hoping for.
itsme
Grafter
Posts: 5,924
Thanks: 1
Registered: 07-04-2007

Re: £155 pension for all

So will I be worst off than the current system retiring in 2016? What the maximum full pension with SERPs and Graduated Pension?
David_W
Rising Star
Posts: 2,293
Thanks: 29
Registered: 19-07-2007

Re: £155 pension for all

The way things are looking now, I won't be able to retire!  I'm 35 this year so if we say retirement age goes up to 70 that's 35 years away so 2046, now that I've put a year to it I can see just how far away that actually is, goodness, taking bets on whether we'll be out of this current financial position Labour put us in by 2046!
Moderator
Moderator
Posts: 16,506
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Fixes: 121
Registered: 06-04-2007

Re: £155 pension for all

I remember when my daughter was born in '95 when I was 35 and thinking how far away retirement age was (2025).
The last 16 years seem to have flown past - I feel that the next 14 years will seem to go even faster  Cry

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pierre_pierre
Grafter
Posts: 19,757
Registered: 30-07-2007

Re: £155 pension for all

Is the Irish goverment Red or Blue  average current dept today £15 500 per person
pierre_pierre
Grafter
Posts: 19,757
Registered: 30-07-2007

Re: £155 pension for all

got my this month works pension, gone up by £6 but the Tax has gone down, so got about £17 more per month, could not make head nor tail of the letter and all the qualifying dates
the pay notice had this lovely statement on it
Quote
Increases have been applied to pensions in accordance with contractual and legal requirements but may only affect your payment if these are relevant to you