work/retirement
Just opened my letter from Works &pensions telling me because I was born after 6th Dec 1953 I can now look forewards to working longerGood news is I can now draw my state pension 3 months before my 66th birthday.Also I only need to pay/credited National insurance contributions for 30YEARS to qualify for a FULL basic pension.Can I ask for a refund has I have been working since 1969 so for the last 13 years I did not need to contribute and the way the ba****ds have it I will have to pay another 8yrs before I get anything backMy wife has worked on/off for the last 41years raised two kids,but I bet she gets a letter to say she has not made enough contributions to draw a full pension in her own rightALL wrong if I am paying over the odds it should automaticaly transfer to my wifes contributions
Started: 11th Mar 2012 at 08:26
Many thanks for that I was born 6th Sept 1953 so I just sneak in
Replied: 11th Mar 2012 at 12:53
Full basic pension you will be lucky, if you have been prudent and have a works pension you can look forward to paying tax on your state pension and maybe losing your age related tax allowance , happy days.
Replied: 11th Mar 2012 at 19:17
Drawing my works pension now paying 20% tax on this
Replied: 11th Mar 2012 at 19:26
The baskets have us each and every way, may they rot in hell.
As you can tell i feel very strongly about this issue.
Replied: 14th Mar 2012 at 16:07
scoop,
I have written to various MPs and ministers over the last few years about the inequality of discounting the age related allowance ,guess what not a single reply which includes the present Dep PM
Replied: 15th Mar 2012 at 07:05
Been paying 20% tax on my works pension for 9 years.....
Replied: 17th Mar 2012 at 23:02
you and me both ppn... got mine to and I cant retire untill im 66... sucks dont it. I will never pay enough NI stamps because I had breaks in employment when I where married and had kids.... I can never catch up.
Replied: 18th Mar 2012 at 12:37
I retired at 58.....in South Africa.....with pneumoconiosis.....and Really pi...ed off with having to train people of a different background to try to do my job!I like it, I can manage,I don't need to travel the world...I did that!My family is here,it all boils down to the difference to what you want,and what you need!!Good luck.
Replied: 18th Mar 2012 at 17:43