Retired people could do work for pensions

[Phone]

Cory,

 

What's this?

 

https://www.gov.uk/new-state-pension

 

effective date April 6, 2016

 

Phone

[corydoras]

Paid for from the taxes of those currently emloyed, not from some "pot" of "investments" made by the country as many beleive. I don't know where they get this idea from, that idea theat the National Insurance employers and employees pay every week is ring-fenced to pay for the Health Service, State Pension etc. It's not it's just another tax, paid to the Treasury who spend it it whatever they see fit.

 

The problem with this system is when you have high unemployment, especiialy young workers there are fewer working, paying Nat Ins, but more and more reaching retirement age looking for the pension thet they have "paid into". But they didn't "pay into" anything they were paying the pensions of those who were retired when they were young and working.

[chesters1]

No there is not and there in no "National Insurance" scheme. Those in work payed the pensions of pensioners from direct taxation. There is no pot and not one penny that we pay in Nat Ins is hypothecated.

There is a pot and a nice pie chart how its spent and NI has and does exist its what your NINO stands for although the cards have gone you still get a letter ,the government is not going to send letters about non existant things thus it must exist

Not sure i mentioned it i expect its another straw man from cory but heres a link to a thing cory says doesnt exist

https://www.gov.uk/national-insurance/overview

 

What you mean is its probably not ring fenced so that pot gets tipped into a bigger one

Edited February 17, 2016 by chesters1

[corydoras]

Paid for from the taxes of those currently emloyed, not from some "pot" of "investments" made by the country as many beleive. I don't know where they get this idea from, that idea theat the National Insurance employers and employees pay every week is ring-fenced to pay for the Health Service, State Pension etc. It's not it's just another tax, paid to the Treasury who spend it it whatever they see fit.

 

The problem with this system is when you have high unemployment, especiialy young workers there are fewer working, paying Nat Ins, but more and more reaching retirement age looking for the pension thet they have "paid into". But they didn't "pay into" anything they were paying the pensions of those who were retired when they were young and working.

 

There is a pot and a nice pie chart how its spent and NI has and does exist its what your NINO stands for although the cards have gone you still get a letter ,the government is not going to send letters about non existant things thus it must exist

Not sure i mentioned it i expect its another straw man from cory but heres a link to a thing cory says doesnt exist

https://www.gov.uk/national-insurance/overview

 

What you mean is its probably not ring fenced so that pot gets tipped into a bigger one

Is that not exactly what I said Chesters? Do you know what a strawman is? Please explain to me where I was making a strawman argument? Where have I said that "national insurance does not exist"?

[Ken L]

The problem with this system is when you have high unemployment, especiialy young workers there are fewer working, paying Nat Ins, but more and more reaching retirement age looking for the pension thet they have "paid into". But they didn't "pay into" anything they were paying the pensions of those who were retired when they were young and working.

 

A problem that would be reduced by letting in the go getters who have the qualifications and the work ethic to drive the economy forward by moving to the UK and working and creating jobs.

A problem that is made considerably worse by throwing open the doors to Europe (and because the EU fails to police it's boarders or deport illegal immigrants - the world) and letting in an endless stream of feckless parasites who have no intention of ever working.

With no "pot" and with the contribution made by those in work being spread so thin, don't expect a state pension, a functional health service or social assistance in old age - Johnny foreigner comes first.

[chesters1]

 

Is that not exactly what I said Chesters? Do you know what a strawman is? Please explain to me where I was making a strawman argument? Where have I said that "national insurance does not exist"?

The national insurance part ,i never mentioned it but you brought it into the equation so you could refute it

As you say its a direct tax but in this case some can decline paying into the "pot" but not get its benefits others do that do

Edited February 17, 2016 by chesters1

[corydoras]

The national insurance part ,i never mentioned it but you brought it into the equation so you could refute it

As you say its a direct tax but in this case some can decline paying into the "pot" but not get its benefits others do that do

That's because there is no pot, unless you bin smoking the stuff.

[chesters1]

That's because there is no pot, unless you bin smoking the stuff.

There is a 33? Year pot you need to get a full pension put less in it and theres less you get out

[barry luxton]

There is a 33? Year pot you need to get a full pension put less in it and theres less you get out

 

And once you have paid in for that length of time, if your still working you still have to pay, even though you have scored enough years for a full pension. Load of cobblers.

[Phone]

All,

 

Has anyone read the url I posted??????????????????

 

Effective April 1 2016 THAT is your law!!!!!!!!!!!

 

I can't find a single complicated sentence in the whole dam thing..............

 

Phone