what's this about the state pension age going up?

[dotty.]

They've only just upped it to 65, they best not move the goalposts again.

[jackthehat]

http://www.direct.gov...atePension/DG_4017919

[dotty.]

oi they sad sod off they've already raised it so i have to work an extra 5 years. I ain't working an extra one just cos of my date of birth, bastards, I knew this shower of robbing toerags would grind us down but never knew it would be so fast, I got married just as maggie got in and suffered 17 years under her opression i know what it was like. they can go fish. I've been paying national insurance for 39 years I'm not flipin paying it for another 11 just for them to give me peanuts back, they must think we all just got of the boat.

[Sqad]

dotty....retire then.

[dotty.]

I have been considering it, my 3 private pensions might just add up to enough to get by on but these bandits will probably tax me on money i've already paid tax on.

[Sqad]

These "bandits" and other "bandits" that are likely to follow will certainly tax you on your pensions.........and everyone elsie's pensions.

[Dee Sa]

I worked until I was 71 and would have continued had not Mr S needed me more, the extra money came in handy.

[DrFilth]

you do pay tax on your pension above your allowance


tell you another thing dot you will have trouble trying to claim for anything if you have your own pensions

[dotty.]

yeah what's that all about making people pay tax twice on the same soddin money? how do they explain the reasoning in that? Are pensioners charged tax on interest from savings in their building society too?

[milly143]

There probably won't even be a state pension by the time I reach the age to claime one.

[Sqad]

dotty

<<<<Are pensioners charged tax on interest from savings in their building society too>>>

Yepp.

[dotty.]

so what would they do with your national insurance contributions then?

[milly143]

*claim

[ladybirder]

Dotty I paid in for 52 years so you've got a bit to go yet.

[dotty.]

so in some cases, a pensioner has worked decades, never claimed any benefit , paid tax and national insurance, then when they finally retire, they get taxed on the money they have paid in, and taxed on their savings? That's taxing them 3 times on the same money, how bloody devious is that?

[Sqad]

dotty

NHS (which is hemorrhaging money) unemployment benefits, maternity allowance and a host of other benefits.

[McMouse]

<<you will have trouble trying to claim for anything if you have your own pensions>>
While factually correct, why would anyone wish to claim benefits if they have adequate pensions?

[dotty.]

yes ladybirder, 12 years apparently now, it was 11. so all that money i paid into the private pensions wasn't taxed at source then?

[dotty.]

ok and just to clarify, who on this thread supports any government that has implemented these laws?

[Sqad]

dotty....the premiums on you private pensions could be set against tax.....and at the highest rate.......a good deal.......then one cannot then bleat about paying tax on the annuities.........that seems fair to me.

[McMouse]

I support the pension changes because people are living longer and the burden on tax payers will become intolerable.