Pension Provision

[IDB1]

Me brudda always reckoned that the Fire Brigade pension was about as safe as it gets.. doesn't count for much these days though and it's been a few years since he was pensioned out.. .

 

[mattbrown]

i hope to pop my clogs at retirement age, young i know, but family history is heart probs, so fingers crossed, id hate the opp and go senile with dementia and be remembered for that

 

[MartinYorkshire]

My parents drummed it into me when I started work.

So yes, I have a pension and a few savings.

I may not have a flashy retirement, but I hope to be comfortable.



Fingers crossed my business grows so I wont have to work by the time I reach 40 then I will still be young enough to enjoy the money I make!

If thats you in you're avatar pic, you've got a few years to make it work

 

[Stick Legs]

Merchant Navy Officers Pension Plan (annuity based scheme).

Not the best but current estimate gives me £18.5K per annum when I retire at 65.

Mind you I contribute £180 a month and my employer nearly £300, so it should bloody pay something!!!

The comment about Ponzi schemes is valid. The whole thing stinks but what choice do us mere mortals have.

BTW, The Merchant Navy Officers Pension Fund (the old final salary scheme) has a short fall of around £25k per person. This is because up to 1980 the average life expectancy of MN personnel was 62 and you retire at 65, now our life expectancy is mid '70s. Whoops.

 

[Steve Kish]

I'm due to retire in 4 years time and my pension will just prolong my starving to death! I've long since accepted that I won't be able to just sit back and enjoy life at 65.

 

[brocklanders023]

Ive paid in 11% of my salary a month for 20 years and have just under 10 to go.......

I hope they leave the Fire Brigade's pension alone :evil:

I'm 11 years into mine stedlocks but fear they'll be coming for it soon. Already heard whispers and it's not good.

What really gets to me is that I joined the scheme in good faith and have paid 11% every month. All the while those in charge have been spending MY pension pot on whatever they fancied thinking they'd never have a problem. Now there's no cash and less people paying into it because of cuts (with more to come) so they're coming after us with the help of the right wing press and numpties that believe everything they read in these sh*t rags. :evil: :evil: :evil: Yes, I'm angry, and wouldn't you all be if you were about to be robbed of the security you thought you were providing for yourself? :evil: :evil: :evil:

 

[stedlocks]

Ive paid in 11% of my salary a month for 20 years and have just under 10 to go.......

I hope they leave the Fire Brigade's pension alone :evil:

I'm 11 years into mine stedlocks but fear they'll be coming for it soon. Already heard whispers and it's not good.

What really gets to me is that I joined the scheme in good faith and have paid 11% every month. All the while those in charge have been spending MY pension pot on whatever they fancied thinking they'd never have a problem. Now there's no cash and less people paying into it because of cuts (with more to come) so they're coming after us with the help of the right wing press and numpties that believe everything they read in these sh*t rags. :evil: :evil: :evil: Yes, I'm angry, and wouldn't you all be if you were about to be robbed of the security you thought you were providing for yourself? :evil: :evil: :evil:

Thats why I said I hope :?

I don't want to wish my life away, but some of my mates are retiring now and I am a bit jealous.......The new FF pension scheme is crap as it is..

 

[IDB1]

I've long since accepted that I won't be able to just sit back and enjoy life at 65.

It'll be 66 soon and, by the time I get to 66 (like that's gonna happen ) it'll probably be 76!! . .

 

[suburbanreuben]

Ive paid in 11% of my salary a month for 20 years and have just under 10 to go.......

I hope they leave the Fire Brigade's pension alone :evil:

I'm 11 years into mine stedlocks but fear they'll be coming for it soon. Already heard whispers and it's not good.

What really gets to me is that I joined the scheme in good faith and have paid 11% every month. All the while those in charge have been spending MY pension pot on whatever they fancied thinking they'd never have a problem. Now there's no cash and less people paying into it because of cuts (with more to come) so they're coming after us with the help of the right wing press and numpties that believe everything they read in these sh*t rags. :evil: :evil: :evil: Yes, I'm angry, and wouldn't you all be if you were about to be robbed of the security you thought you were providing for yourself? :evil: :evil: :evil:

Just as thousands of people in the private sector already have been, but nowt ever gets done about it... :twisted:

 

[Harryburgundy]

I have strong funds in my Wilkins Micawber account...I'll be alright, something will come up