Pensions how much do you pay? Is yours under Threat?

Gadro

Gadro

Gold Trader
Feedback
View
The economy is well and truly buggered. Negative growth again announced.

Anyone's pension scheme currently under scrutiny? Mine is, oh great :(

Just curious to what others contributions and benefits are both Public and Private Sector

I'm in the Public Sector and currently pay 11% contributions BUT if the Government plans go ahead I could end up paying 15% AND working an extra 5 years for no additional benefits. Flipping Fantastic.

Thank you very much Mr Blair and Mr Brown, you bankrupted our Country sold our Gold Reserves for next to nothing and have destroyed the UK by creating a nanny state monster.
 
I'm semi retired at 47, no I haven't got bundles I just travel and work to which ever country I want to go to..being single with no mortgage,hp,credit cards etc helps greatly I accept between my state and postal pension when it's due it will never be enough.

I rarely worry as worrying changes very little
 
er, pension..what's that?

Think yourself lucky you have a pension.

I get paid just over basic national minimum wage, I can't afford a pension now, I did pay into one when I earned more than I now do, for 5 years £100pcm went into it

PS the economic crash wasn't caused by any UK political party, you can blame the banking sector in the US for that one.

As for selling off stuff, again all political parties can be blamed they've all done it, not just the last one
 
Nope I'm not lucky as I pay just over £450 of my earnings into it every month.

Am I lucky to have a job? In the current climate, Yes I am BUT I made a decision many moons ago of swearing an oath and serving Mrs Windsor. Family Tradition I suppose. Many of my friends from University who decided to follow Private Sector careers were earning nearly double what I was when I hit 30. Didn't mind as I was very happy in my chosen career. I have never had any annual bonuses or such like and have had a huge number of restrictions placed on my private life. Job security was what I was after. Don't mind, do my job, pay my way and hope for a peaceful life once my time is done

Now did the bank initiate Britain's economic crisis? Yes it did. But the fact that Labour bloated the Public Sector with hundreds of thousands of needless new jobs has caused our country to go into meltdown. We were a national bankruptcy waiting to happen.

We have just had 0.05% decrease in our economy. A DECREASE when we are trying to get out of recession. Private Sector has been already hurt BUT wait until the spending reviews are done, the Public Sector is going to be dismantled. Labour took us to War. Spend, spend, spend. Look at how much undervalued our gold was sold for. We have no strategic energy reserves, an economy based around Public Services and a Coalition Government trying desperately to balance the books. Our road network is falling apart, potholes everywhere. Our armed services are being slashed (Ark Royal will no doubt end up in the Indian or Brazilian Navy, two new carriers laid out but we can only afford to crew one, and that one wont have any aircraft!!) We have a disgruntled population so use to the spend spend spend culture that they riot in the street of our Capital because they can't study an 'ology' for free. These same rioters then complain because the Police didn't provide them with Toilets and Water :shock:

Mr Blair and Mr 'Boom & Bust' Brown thank you for creating the mess that is going to (already has :( ) cause misery and hardship for huge numbers of your fellow British subjects. Never mind 'last one out switch the light off', someone's already stolen the bloody light bulb.
 
As above really, my pension is secure for the moment, as is the job, the wage is not mindblowing but factors such as the pension make up for this.
That said, I'm currently on a 2year pay freeze, so no annual increase in line with inflation :cry:
I think if I had to pay into a private sector pension plan then I'd be more concerned right now, all seems to be doom & gloom in the press :?
 
Private sector.

Pay around 11% into a frankly rubbish defined contribution scheme and only continue because my employer pays in another 11%.

That's around £800 per month from the two of us.

I am pretty sure it will be worth little but something is better than nothing.

May stop it and buy land though....
 
.

At least your pension is 'secure'.
I paid into a pension scheme with a previous employer for 8 years.
The parent company in the states was struggling so, unbeknown to us, they raided the pension pot and left us with nothing :evil:
A lengthy court battle ended in me being awarded a lump sum not even equivillent to what i'd paid in :evil: :evil: :evil:
Money goes to money and the big boys are untouchable.
Everything i currently have is handled by me and my financial adviser mate who i've known since school, i don't trust any of them :evil:
 
You must log in or register to reply here.

Similar threads

Easy_Rider
Finally some common sense!
Replies
7
Views
932
Lysander
Lysander

Latest posts

Back
Top