THE UK STATE PENSION - A THREAD
You must have known this was on its way .... and here it is!
Please spare a second to retweet and add any comments 🙏
1/6
I wonder what pensioners would actually be happy with. It's clearly not enough that they bought their houses for £20k, had a free education, have a triple locked state pension and could have higher tax allowances than younger people because "we worked hard and deserve it."
The Conservatives are trying to woo the older vote with their pension proposals - but 54% of over-65s say Tory plans don't go far enough
All Britons on Tory plans to help pensioners
Go too far: 12%
Don't go far enough: 36%
Are about right: 21%
Over-65s
Go too far: 4%
Don't go
"Paid your dues". Final salary pensions from 50, a much lower tax burden than younger people, property values skyrocketed, stop paying NI from state pension age - now over 65s shouldn't pay tax at all? Selfish and entitled nonsense.
@JoanneB10178842
The state pension has been classed as a benefit since 1946. If there is any resentment, it's possibly because so many pensioners don't understand their pensions are funded by today's workers. Too many think they've actually paid for their own state pension.
BBC adaptation of
#WarOfTheWorlds
9pm tonight. One of THE best concept albums ever, amazing art work too. Justin Hayward, Phil Lynott and of course, Richard Burton. Released in 1978!!
A HEAD TEACHER. Jesus wept, out of all people you would expect a teacher to keep up with current affairs, read a newspaper, listen to/watch news bulletins. Sorry but I just don't believe some of these women didn't know about the state pension age rise
#WASPI
"I have actually suffered two delays, with no notice"
WASPI campaigner Frances Neil tells
#newsnight
she did not receive any notice to changes in the state pension age that impacted her retirement plans.
I lasted 42 seconds and had to give up. WASPI women's state pension was not "delayed", state pension age changed. Nobody "lost" £42,000 - it was never theirs in the first place. Thank God the PHSO agrees 3.5 million women don't deserve compensation. It's beyond ridiculous.
I'm sick of hearing MPs talk about WASPI women who "lost up to 6 years of pension". Nobody "lost" anything, the law to increase state pension age from 60 was passed almost 30 years ago. WASPI women just never checked their SPa. Younger people with higher SPAs have "lost" more.
The
@ScottishGreens
and I will continue to stand with the
@WASPI_Campaign
and
@ScottishWaspi
women in their call for fair and fast compensation.
I'm glad the Scottish government will also use its voice to push for justice. Read here why it's so important:
The Grey vote kicking off because today's budget cut NI for workers - even though pensioners stop paying NI at state pension age and their triple-locked state pension will increase by almost 20% in two years. Working-age people need support too, it's not all about *you*.
The
@WASPI_Campaign
women will always have my unwavering support and admiration.
The WASPI women are not just fighting for themselves, but for my daughters too.
It would be a complete betrayal if Labour and the Tories fail to deliver the compensation WASPI women deserve.
Quite wrong. If 1950s born women have "lost out" on £50,000 (a made-up figure), by how much have younger people lost out? They have much higher state pension ages than any 1950s woman and without the public sector DB pension to bridge the gap from 60. WASPI is all about greed.
The woman being interviewed on
@BBCr4today
about women losing out on state pensions because of moving pension age from 60 is quite right: I estimate I will have lost out on £50,000.
#Waspi
#justiceforwomen
NOTHING WAS STOLEN. Another impoverished WASPI - she had to continue working past age 60 like millions of men always had to, and she had private pension savings to bridge the gap. Able-bodied, not living in poverty. These women should not be "compensated"
This is an excellent piece on WASPI. The conclusions are spot on.
1. £10b cost is huge
2. No right exists, in law, to compo
3. Personal responsibility to plan. SPA rises not a secret
4. Compo will go to women aware of the changes
5. Wider context of intergenerational fairness.
Size 10 is trending because apparently it's plus size. I have size 8, 10, 12, 14 and 16 clothes in my wardrobe because retailers sizing varies so much, and I go from size 8 to 12 depending on the month! I'm a size 12 now, do I feel sad about that, or the label in my clothes: 👇
I genuinely don't understand why intelligent people can't see why the WASPI demands are unreasonable. I think a lot of people have fallen hook, line and sinker for the WASPI tales of woe but not actually looked any deeper.
Six months ago, the Tories doubled compensation for MPs who lose their seats to £17,300, whether they stand for re-election or not. Is £3000 for Waspi women really that unreasonable?
The media coverage on WASPI is excruciatingly painful. WASPI shouldn't be grouped with post masters and contaminated blood victims. It's a small group of well-off women whining because they made important financial decisions WITHOUT CHECKING THEIR OWN STATE PENSION AGE.
'I just don't have much sympathy for women who could retire at 60 to a very handsome pension, these people had a fantastic deal in life.'
@BenjaminButter
clashes with
@BenLeo444
over whether the WASPI women deserve compensation.
I've yet to read the full report but I laughed out reading this thread. The woman who retired at 47 and now wants compensation is just one example of why compensating all 1950s born women would be wholly wrong and unfair to the taxpayers paying for it. 47. Jesus wept.
I've already highlighted one particularly egregious WASPI case put forward to the Ombudsman, but there are a few more worthy of comment.
Step forward Ms U who made the "irrevocable" decision to retire in 2006 (not apparently of ill health) at the grand old age of, er, 47....
1/
"I bought two properties, intending to use my state pension to cover costs from age 60, but I didn't check my state pension age was 60 before I bought them".
#WASPI
Spare a thought for Mrs R (not that Mrs R!) who bought a second retirement home, and then also a flat, which has now depreciated. Her state pension was going to cover the running costs of these additional properties...
4/
One for the pensioners on here who don't see why the "we paid for previous generations" argument doesn't hold any weight. *You* paid less to fewer pensioners. I'm glad you're living longer but please appreciate the difference in ££ and younger people's higher state pension ages.
I used to scoff at the notion the state pension would ever be doubt for future generations; now, I'm not so sure. Show me a bigger crisis facing this country than the demographic time bomb and its economic consequences...
These stupid state pension memes still go viral. See if this will:
The state pension has always been welfare - how else would the first pensioners have received it? The law clearly states it's a contributory benefit based on "qualifying years", earned via NICs or NI Credits.
One of the (many) stomach churning things about watching Netflix's Jimmy Savile: A British Horror Story is remembering that he died before all the sh!t came out about him, and he went to his grave knowing he'd got away with everything.
It really is a horror show.
#JimmySavile
😳 A WASPI former Presiding Officer of Scottish Parliament claiming no knowledge of changes to primary legislation, doesn't understand how the UK state pension system works, and asking for £££. I'm guessing she is far from in need of taxpayers' money.
When I started work at 16 I expected my pension when I was 60. I paid for it every pay day.
Never happened. It was delayed and delayed again. 50s women are owed our own money.
Don’t make excuses. Politics is about priorities. Give us what we are owed & what we paid for.
#WASPI
Good article here. "The culture of entitlement around the state pension will have to stop sooner or later - and paying the WASPIs compensation will only fuel the myth further".
WASPI woman took early retirement at 55 with a DB pension, 14 years AFTER law increased state pension age from 60-65, but didn't check her state pension age. The barefaced cheek of some of these women wanting compensation for not taking personal responsibility is incredible.
If WASPI had focused on the women living in abject poverty, it might have gotten somewhere. Instead, wealthy women are included in those seeking compensation for "nobody telling them" their state pension age had changed. UNISON surely would have notified its members?
A whole generation of women have been badly let down by successive governments, instead of enjoying retirement, many are in abject poverty. Unacceptable. The Government must compensate them without delay.
@FlpLtd
@SoVeryBritish
Manchester saunters in wearing its best pair of Adidas, nods at all the guests "alright?", checks out the bar and heads over to the DJ to scan the playlist.
@BBCBreakfast
There are far more important issues to deal with. Taxpayers shouldn't be funding compensation for a small group of women who didn't bother checking their own state pension age after it changed in 1995. No idea why WASPI is still news.
When people argue to keep the triple lock by saying "young people will be old one day." Yes, we will - with a state pension age of 80 because we're paying triple-locked pensions to well-off pensioners, instead of targeting welfare £££ on lifting the poorest out of poverty.
@TimesRadio
@jo_crawford
Always good to hear a boomer preach about what young people should do when her first house probably cost £15k. As for German taxes - UK pensioners pay 0% National Insurance after State Pension Age, German pensioners still pay NI equivalent.
More in = more out.
I predict the WASPI "pensions fiasco" will cost the taxpayer exactly £0. Maybe the women with 30+ years DB pension could help the others out, or maybe some could sell one of their multiple properties.
The low level of education about the state pension is a widespread problem. Search for "state pension" on here and you'll see how many people don't understand they haven't paid for their state pension, why it's a good thing that it's a benefit and why NI Credits are important.
'Are you someone that counts every penny?'
'No - I'm not Mother Teresa, Tom.'
Discussing the 8.5% state pension rise with
@TomSwarbrick1
, caller Donna, who resides in Kensington, is adamant she 'deserves' all her money because 'she earned it'.
@aja_curtis
@HarrietClugston
Right? A new strain has been broadcast on national TV, it spreads at a faster rate than the original virus, but it's "right" to jump on a train and risk infecting 000s of people? Get a bloody grip.
@Brexit_Mistake
This is absolute nonsense. The state pension has been classed as a benefit for almost 80 years, it's not a recent change. If it wasn't a benefit, people who can't work would get nothing. It's time everybody got over the word benefit and educated themselves on WHY it's a benefit.
@BBCNewsnight
She has a Teachers pension. A public sector, index-linked, final salary pension. Hardly the WASPI women "living in poverty" that we've been hearing about. If a head teacher can't take personal responsibility for her own retirement planning, there's no hope.
Retweeting this because the WASPI woman with three properties, two bought with cash, who wants compensation for not checking her state pension age before making such huge financial decisions, will never not be a head shaker.
Spare a thought for Mrs R (not that Mrs R!) who bought a second retirement home, and then also a flat, which has now depreciated. Her state pension was going to cover the running costs of these additional properties...
4/
@exRAF_Al
Yawn. It's baffling how some older people, especially boomers, think they deserve respect simply for being older while at the same time, they display zero respect for younger people.
I know the feeling. If I see one more post saying the state pension is not a benefit, I'll scream too. It's been classed as a benefit since 1946 - people who don't pay NI can qualify for it. Today's NI/tax funds today's state pension. It's always worked this way.
Good article here. David Willetts: "The state pension triple lock has solved the problem it was created to address, and now has to go." The trade-off in increasing state pension age to 68, sooner than planned, is wholly unfair to younger people.
I'm starting a campaign - people attend a mandatory course on "What is the state pension?" before they can claim it. Nonsense like this has to stop. It's a good thing that it's classed as a benefit, millions of people would get £0 if it wasn't. Carers, disabled, sick, etc.
A state pension is a group savings scheme that people have been paying into all of their working life.
- it is not a government hand-out; the people 'own' this money
- it is not a social welfare benefit either
- it cannot be scrapped without repaying all gross premiums + interest
The social contract is broken. Pensioners should be cared for, we all agree with that but not at the expense of younger people's futures. The state pension triple lock "plus" is outrageous - it will do nothing to protect poorer pensioners & gives even more to well-off pensioners.
The social contract is the notion that people abide by certain rules in return for the state’s care. Asking 18 year olds to “give back” when affordable homes and free higher education has been taken from them breaks that contract. My newsletter
@theipaper
It's not confirmed but "State pension age may rise to 68 sooner to pay for the triple lock."
It's definitely a good news week for pensioners who, yes, are entitled to their state pension but on top of WASPI wanting billions as well, it's all a bit *meh* for younger people.
I love these random comparisons between the UK state pension and other countries. No context, no details about the country the UK flat rate benefit is being compared to, nothing. Apples and pears doesn't even come close but people believe what they read and that's that 🇬🇧
Switzerland pays pensioner couples £44,000 a year and a referendum has just voted to give them an annual '13th month' bonus. But here in Britain, we're told the lowest pensions in western Europe are 'unsustainable'.
I've been waiting a LONG time to see pensions on prime time TV & I liked tonight's
@MartinSLewis
show a lot. Not too much jargon, simple but informative enough to keep people interested (not switching off). I hope there are more shows like this - we really need them 📺👀
@cjacko_2011
I have 23mins to do this show inc Q&A with experts. The key is to explain the concepts so people (as ull hear constantly) know how it should work, and go and get further info. Please don't try and rip it apart. You have no clue how hard it is to get pensions on prime time TV
So far then: WASPI head teacher with a final salary pension, WASPI who retired at 55 with 30+ years final salary pension, WASPI with two properties, all the others complaining about being contracted-out via an occupational pension scheme ..
"Living in poverty"? Give over.
Child poverty stats from the DWP. Horrific. As much as I don't support WASPI and feel nauseated reading about women with DB pensions wanting more cash, there are around 2m pensioners living in poverty. So, my suggestion - forget WASPI and focus on poverty across all age groups.
Today's poverty stats from the DWP are horrendous.
4.3 million children in relative poverty - the highest ever
3.6 million children in absolute poverty - up 300k
2.2 million children living in "food insecure" households
820k children living in households that use foodbanks
Can't disagree with this. Pensioners, as a group, are more likely to use the NHS and 20% of national insurance is allocated to the NHS. It makes sense for pensioners to at least pay *something* after state pension age, instead of benefiting from a hefty tax cut of paying 0% NI.
Labour’s new tax adviser (on a defined benefit pension no doubt) describes pensioners as ‘codgers’ who should be hit hard with taxes. Who remembers Gordon Brown giving pensioners a 41p a week rise? What is it with some lefties that they hate the old?
All the likes, retweets and views on this post breaks my heart. I get that some people don't understand how the state pension works but considering they all have access to the internet, and could spend just 5 minutes researching SP, there's no excuse for this level of ignorance.
A state pension is a group savings scheme that people have been paying into all of their working life.
- it is not a government hand-out; the people 'own' this money
- it is not a social welfare benefit either
- it cannot be scrapped without repaying all gross premiums + interest
I don't know where the full recording is but here's the UNISON Head of Equality *arguing against equality*. 1950s women aren't the only people to have worked all their lives. All the pandering to well-off WASPI women needs to stop - support should be based on need, not greed.
‘Look at the moral obligation the government must have to these women who have worked all of their adult lives, many of them’
UNISON head of equality Josie Irwin talks to
@TomSwarbrick1
on
@LBC
about
#WaspiWomen
and pensions compensation
"Not one mention of pensioners". The reaction to yesterday's Budget has not been surprising - a lot of older people completely aghast that pensioners haven't been awarded preferential tax cuts, and will continue to be subject to the same personal allowances as workers. Shocking.
Seeing all the backlash against WASPI getting compensation is an excellent start to the weekend and ten days annual leave for me. Targeted support for all ages, including 1950s born women, definitely YES. Blanket compensation for "not knowing", definitely NO.
@NatashaC
Of course - increase state pension age beyond 67 for younger people while at the same time, protect the state pension triple lock (adding over £10 billion to the benefits bill). The very same bill that's paid for by those younger people with higher state pension ages.
A change in state pension age/law does not equal maladministration = no compensation. Expectations have been poorly managed by WASPI and BackTo60 campaigns from day one.
I wish this would sink in. National Insurance is a tax - it's not a pension contribution, there is no fund, it's not saved or invested and it certainly doesn't pay for *your* state pension (which is a benefit payment paid from current NI/tax receipts).
1. My lovely dad died at 12.15 this morning. This is him 💔 the reason for posting is to acknowledge the love & support I've had from people I've connected with on Twitter. I'm not one for posting personal stuff on social media but I'm genuinely moved by the messages I've had.
@aja_curtis
@HarrietClugston
The Britain I know and love has a social conscience & doesn't knowingly put their loved-ones at risk. What is it about this virus that you don't understand - do you think it's taking a break over the holiday period? It's better to not visit *now* & be able to see them next year.
@SkyNews
@lisanandy
@KayBurley
"Worked hard all your life and paid in". The state pension isn't paid only to people who have worked hard all their life and nobody "pays in" to anything. Why do so many of the people opining on the state pension seem to be unaware of how the UK system works?
🥱 all women under age 45 had their state pension age increased from 60 to 65, in 1995. That's almost 30 years ago. I'm yet to see any justification as to why women born in the 1950s should be compensated.
The reason pensioners are paying more tax is because *drum roll* they have more money and assets than non-pensioners. And that's set to increase with the state pension triple lock *plus*. Trying to suggest pensioners are unfairly treated by any political party is laughable.
“The reason why pensioners are paying more tax is because of the way the Tories have handled the economy.”
Shadow transport sec
@LouHaigh
says it's an "aspiration" to cut taxes, but won't make "any commitments that aren't funded".
#PolHub
@aja_curtis
@HarrietClugston
But hey, you carry on congratulating people for spreading infections across a wider area and giving zero thought or consideration to the rest of us.
The best thing (so far) about
#FoolMeOnce
is Michelle Keegan's Manc accent. I'm so used to watching American/overseas TV shows that hearing her call the bro-in-law a "dick", was strangely comforting.
Gets almost £4k more in state pension by deferring for 3 years, will pay a smidge in tax but thinks it should be tax-free because she's "worked for it". I have no idea why pensioners think they should have higher tax allowances than the workers paying the £110 billion SP bill.
An Audience With Billy Connolly 1985 (I think) is one of the best stand-up performances you'll ever see. I've lost count of how many times I've watched this 📺
Some of the comments on this thread. Jesus wept. 1. The state pension is a benefit because thankfully, it's not only paid to people who paid NI from salary. 2. The DWP obviously doesn't know everybody's bank details. 3. SP can be deferred - hence, you need to claim it.
Today I got a letter inviting me to CLAIM my State Pension from July when I turn 66
Why do I need to claim it/beg for it ?
Payment should be automatic. I've paid into it for 46 years since 1st job in 1978.
But it says "You will not get any State Pension unless you claim it".
Good to see
#DoNotComply
is trending.
Looking forward to Christmas being *cancelled* because the minority refuse to think of anybody but themselves. It's a piece of fabric, not an ankle bracelet FFS
#COVIDIOTS
Curious that people are more outraged about state pension being a benefit than at the powers granted under the new Bill if it passes. State pension is a benefit. It's also an entitlement ... but ... shouldn't the outrage be about the govt being able to monitor bank accounts? 🏦
@CatherineMcKer
The state pension is and always has been, a benefit. You can check it easily enough on Google. People really need to get over the word benefit.
@sophielouisecc
There is nothing wrong with the word benefit and nothing wrong with claiming a benefit you're entitled to, such as the state pension. Furthermore, benefit claimants deserve better than to be made to feel inferior by the "morally superior" gang.
Learn that.
"How is it fair that pensioners pay the same taxes as working people?" It's fair. Also, 13 million pensioners aren't struggling, stop using those who are to justify the state pension triple lock for all 13 million.
Years of increases to the state pension mean that about 8.5 million people over 65 now pay income tax. How can it be right that we fleece our struggling elderly, who have worked all of their lives?
@dontdelay
It's the "nobody told me" line that's always got me about WASPI. As a woman, I resent the implication that women have to be "told" something that directly affects them, especially something so important. And yes, she should be embarrassed.
Bloke in a BMW purposely swerved into a huge puddle to spray the woman in front of me and went right into a pothole. He's currently fuming on the roadside, on his phone to (I'm assuming) the RAC. Moral of the story - don't be a prick
#advice
@FlowersEnglish
The state pension has been classed as a benefit since 1946. You don't pay towards state pension, you either pay tax (NI) from salary or claim NI Credits (childcare, disability, caring, etc) which earn qualifying years on your NI Record. Those count towards state pension.
@D_Blanchflower
Of course it does - because younger people are the ones paying for it while you sit back and enjoy your triple-locked, trebled state pension. Excellent.
I've noticed all the things older people want, taxpayers would have to pay for? State pension should increase, triple lock should stay, overseas pensioners should get increases to state pension, WASPI demanding billions, pensioners shouldn't be taxed the same as workers ..
So messed up. Pensioners paying tax isn't an "issue" to be resolved - if thresholds are too low for pensioners on state pension only, they're too low for non-pensioners. Pensioners should be protected, but not at the expense of the 12+ million poor working-age adults & children.
#TrevorPhillips
: You're going to make sure no pensioner pays tax.. is that morally right.. when a child is twice as lightly to be in poverty than a pensioner
Mel Stride: We've reduced child poverty by 100k
TP: Your favouring well off families.. when you're capping child benefit
The only surviving headgear on the Lancashire coalfield. Local to me, it always makes me stop and stare when I look at the skyline on my local walks. Amazing photo by Gary Clee 📸
#astleygreencolliery
@AstleyColliery
@mining_museum
@dontdelay
It really is mindblowing that somebody EXPECTS compensation, paid for by younger taxpayers, when she's not had to work since 2006. That's 18 years ago !!! It's a self-absorbed, selfish sense of entitlement on a huge scale. Unfortunately, it's rife amongst WASPI women.
@Rachel_Haith
The state pension has been classed as a benefit since 1946. It's not a new development. What today's pensioners paid in NI wouldn't come close to covering the £110 billion state pension bill that today's workers are footing.
Said goodbye to dad today. The sun was shining, the service was perfect and so many people turned up to say farewell. Rounded off the day with a long walk over the fields to catch the sunset. One of the strangest (but somehow, still nice) days I've experienced.
Just imagine if WASPI had done petitions over the last 8, 9 years to help those in hardship/on low income, instead of selfishly asking for billions to compensate all 1950s born, incl. the well-off & women who were aware of the state pension age change in 1995. Just imagine ....
Telling the Chancellor of the Exchequer to "do your homework" because the state pension is not a benefit when in fact, the state pension has been classed as a benefit, in law, since 1946 🤡
#fail
People do deserve their state pension but it's not something they've paid for. It would be nice if more pensioners appreciated the fact that today's workers fund over £100 billion a year in state pensions, compared to the much lower amount they were funding when working.
The state pension is a benefit. It's paid to anybody with min. 10 "qualifying years" on their NI Record (earned by paying NI or receiving HRP/NI Credits). Including 12.5m pensioners in "benefit claimants" is not calling them "freeloaders", it's a simple fact. Let's move on ..
This article from The Express about the state pension is horrendous. If state pension was based on "NI contributions", what happens to the people who don't pay NI but claim credits? Does anybody really think NICs would buy a pension of £12k a year? 🫣