Politics Gen XYZ

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You also have to remember that when the pension age was set at 65 around the World, very few people lived to that age, average age expectancy in Germany I think was 58 in the early part of the 20th century so there were always adequate funds available. After WW2 with advances in medicine, better understanding of nutrition and very few conflicts compared to previously, the life expectancy increased but state pension planning didn't keep up. Unfortunately, no matter how much of a socialist you are, you have to be realistic and realise that there just aren't the funds available for a decent state pension and even if they significantly increased taxation (which will be deeply unpopular) there will still be a short fall. The only thing really is to persuade people to save for their own pension and rely on the state for top ups only.

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2 hours ago, Wulfrun said:

This is absolutely ridiculous, I turned 70 this year and I have to admit that I've become very absent minded - the old 'forgot why you came into a room' sort of thing. But to expect people to do their jobs up to the age of 75 is just outrageous :angry:

To expect people to have a job is even more so. Anyone over 50 in Germany is written off as too old to work by employers.

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57 minutes ago, French bean said:

The only thing really is to persuade people to save for their own pension and rely on the state for top ups only.

 

I'm pretty sure that is what's happening in the U.S. People can no longer depend on Social Security because it is just a top up but many don't realize this. The vast majority of jobs have no pension plan. People really do need to save/invest for their own pensions but many can't afford it.

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1 hour ago, French bean said:

The only thing really is to persuade people to save for their own pension and rely on the state for top ups only.

 

I would be more ok with that if they didn't tax the shit out of that too.  Even my "tax free" investments in the US (roth IRAs) are now fair game for German taxation though no one seems to know exactly how it's taxed.  And I can't invest here for being american.

 

fuck it.  I give up on any kind of responsible "retirement planning".  Exercise in futility for some of us.

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Shortly before the previous brexit date passed I received a letter from DWP informing me that post brexit I would continue to receive my state pension, but I will not get any future increases. :angry: It seems that they're out to screw everyone except their wealthy masters.

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3 hours ago, balticus said:

 

  • Period life expectancy at birth in the UK in 2016 was 82.9 years for females and 79.2 years for males.

Yeah, these British binge-drinking babes will manage 82.9 years.

 

 

image.png

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2 hours ago, hooperski said:

This is outrageous, when I started working back in 1969, I agreed to pay into the scheme and draw my state pension at 65.

The bastards moved the goalposts and I have to wait an extra 6 months before drawing what I'm entitled to.

 

The government miscalculated.   Not a shocker.  

 

2 hours ago, hooperski said:

I go back to England very regularly and often I'm told the local news, so and so has passed away.

These people aren't in their 90s, they are people I went to school with. People are dying in their 50s and 60s. FACT.

 

That is a bell curve.   Some people die young and some people die old.  

 

2 hours ago, hooperski said:

The government figures are just a cynical ploy to save paying out pensions to tens of thousands of people that have paid into the scheme.

 

Do you think the UK government is distorting life expectancy stats along with almost every other government in the world to scam their citizens out of pensions and force people to work longer?   

2 hours ago, hooperski said:

I think that in the future, the government will outsource the pension scheme completely, freeing them from any liability.

 

Unless they will allow people to die in the streets, they cannot ignore the problem. 

2 hours ago, hooperski said:

Does anyone actually believe that we will live longer with the modern life that we live.

 

Yes.

2 hours ago, hooperski said:

Sedentary lifestyles, overeating on junk food, binge drinking, obesity and diabetes at record levels, pollution, micro-plastics in our food chain, etc etc.

 

 

Yet lifespans have steadily increased.   

 

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1 hour ago, Wulfrun said:

Shortly before the previous brexit date passed I received a letter from DWP informing me that post brexit I would continue to receive my state pension, but I will not get any future increases. :angry: It seems that they're out to screw everyone except their wealthy masters.

I was believing that that point had been settled and that unlike Australia and the US (I think) Brits in the EU will still get annual increases as an agreement had been reached with the EU.

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Latest tweet from the Kremlin.

 

Would be very hard for Jeremy Corbyn, the leader of Britain’s Labour Party, to seek a no-confidence vote against New Prime Minister Boris Johnson, especially in light of the fact that Boris is exactly what the U.K. has been looking for, & will prove to be “a great one!” Love U.K.

 

You don't understand the difference between Britain and England, you fucking cretin.

Stick to what you know best, caging children and nuking hurricanes.

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