|
Re: FROZEN Pensions - Action Needed
Originally Posted by DAVIE_MAC
(Post 4908643)
Well why can't rules be changed thats what they are there for are the not.
Can anyone then shed any light on WHY it is these commonwealth contries that suffer and places like the USA and Bosnia etc don't. What's the difference then please. I also will not be relying on my state pension it would be foolish to rely on that....However I think if you have paid into something for X amount of years you should get the benefits...you can keep tax free ISA's going when you leave and other savings plans prob coz the country still has your money invested in it therefore it just seems to be a money saving exercise by the Gov. BUT there are many implications and arguments I suppose for and against.....it's my money so I guess I'm for...and why would you not be afterall Your position is not comporable to people of prior generations who were raised with the expectation that anywhere in the Empire would be equal so far as pensions are concerned. I've some sympathy for people who didn't know that choosing one country over another would matter in this regard though, realistically, the generation who are in their eighties now were just lucky in the pensions they receive; the level of pensions paid in the UK is not sustainable. |
Re: FROZEN Pensions - Action Needed
Originally Posted by burton bunch
(Post 4908494)
Mark
This is exactly how we think about it. By the time Phil and I are pensionable age there will be nothing left in the pot or if there is it wont make that much difference to our retirement income. Gaynor x That's how I feel too, especially as I was advised to opt out of SERPS in my early 20's. My hubby and I have put in plans to make sure we are financially independent in our later years - the problems we are having are geting our remaining private pensions out of the UK. |
Re: FROZEN Pensions - Action Needed
Originally Posted by dbd33
(Post 4908673)
It's not "your" money. It's money that the UK taxpayer may, or may not, pay to pensioners in the future based on the whim of the government at that time. The idea that you have a right to money from the government is part of an unfortunate culture of entitlement in the UK that doesn't transfer well to other countries. You've decided to emigrate and, in considering your destination, the likelihood of receiving pension money is one factor, you can make an informed decision to go to Bosnia or you can choose to go to Canada. If you choose the latter knowing that it means you won't get the money you've no complaint when you don't get it.
Your position is not comporable to people of prior generations who were raised with the expectation that anywhere in the Empire would be equal so far as pensions are concerned. I've some sympathy for people who didn't know that choosing one country over another would matter in this regard though, realistically, the generation who are in their eighties now were just lucky in the pensions they receive; the level of pensions paid in the UK is not sustainable. However If I decide to leave my Military pension in the UK then I will still be a UK tax payer!!! So it will still be my money…will it not?? And I have served in Bosnia back in the 90’s already and seen many atrocities so I think I’ll still come to Canada......:blink: Cheers |
Re: FROZEN Pensions - Action Needed
Originally Posted by Piff Poff
(Post 4908711)
That's how I feel too, especially as I was advised to opt out of SERPS in my early 20's. My hubby and I have put in plans to make sure we are financially independent in our later years - the problems we are having are geting our remaining private pensions out of the UK.
|
Re: FROZEN Pensions - Action Needed
Thanks for all the replys so far. Very much appreciated.
As I said at the start it is really to open peoples eyes to this matter some might know the full story some might have no idea....and as various posters have mentioned if you know about it and emmigrate with your eyes open then you have no complaints. I really can't see this being a major factor in remaining in the UK or moving abroad...not even to Bosnia to keep it...and certainly not the US 0f A. Cheers Dave |
Re: FROZEN Pensions - Action Needed
USA, Canada, same thing really in many ways. Just easier to get into one than the other.
|
Re: FROZEN Pensions - Action Needed
Originally Posted by Notiaink...honest
(Post 4908853)
USA, Canada, same thing really in many ways. Just easier to get into one than the other.
|
Re: FROZEN Pensions - Action Needed
Originally Posted by MarkG
(Post 4908873)
By walking across the border from Mexico, you mean :) ?
|
Re: FROZEN Pensions - Action Needed
Originally Posted by dbd33
(Post 4908673)
It's not "your" money. It's money that the UK taxpayer may, or may not, pay to pensioners in the future based on the whim of the government at that time. The idea that you have a right to money from the government is part of an unfortunate culture of entitlement in the UK that doesn't transfer well to other countries. You've decided to emigrate and, in considering your destination, the likelihood of receiving pension money is one factor, you can make an informed decision to go to Bosnia or you can choose to go to Canada. If you choose the latter knowing that it means you won't get the money you've no complaint when you don't get it.
Your position is not comporable to people of prior generations who were raised with the expectation that anywhere in the Empire would be equal so far as pensions are concerned. I've some sympathy for people who didn't know that choosing one country over another would matter in this regard though, realistically, the generation who are in their eighties now were just lucky in the pensions they receive; the level of pensions paid in the UK is not sustainable. Why then is it only certain countries then.....can you answer that as nobody has so far. |
Re: FROZEN Pensions - Action Needed
Originally Posted by Notiaink...honest
(Post 4908876)
Probably fewer patrols along the northern border... if you want to be an illegal.
:D |
Re: FROZEN Pensions - Action Needed
Originally Posted by dbd33
(Post 4908673)
It's not "your" money. It's money that the UK taxpayer may, or may not, pay to pensioners in the future based on the whim of the government at that time. The idea that you have a right to money from the government is part of an unfortunate culture of entitlement in the UK that doesn't transfer well to other countries. You've decided to emigrate and, in considering your destination, the likelihood of receiving pension money is one factor, you can make an informed decision to go to Bosnia or you can choose to go to Canada. If you choose the latter knowing that it means you won't get the money you've no complaint when you don't get it.
Your position is not comporable to people of prior generations who were raised with the expectation that anywhere in the Empire would be equal so far as pensions are concerned. I've some sympathy for people who didn't know that choosing one country over another would matter in this regard though, realistically, the generation who are in their eighties now were just lucky in the pensions they receive; the level of pensions paid in the UK is not sustainable. |
Re: FROZEN Pensions - Action Needed
Originally Posted by DAVIE_MAC
(Post 4908894)
I take it this means trying to escape the US and not the other way round.
:D Well, ok, Bruce Springsteen, in some song on Nebraska, but he didn't intend to stay. |
Re: FROZEN Pensions - Action Needed
so glad you have posted this, as we are n the process of moving to ontario
i honestly thought that our uk pension would freeze and would be-able to claim once we get to that age, well if there was any in the pot!!!!! its just the standard thing with the uk, come to the uk, we will give you everyting, even if you havent paid into the pot :curse: feel free to take what you want But if you are hard working etc etc you get nothing when times are bad, one very good reason for leaving i would say We will leave knowing that we wont get a pension when we retire and if they change the rule at any point then its a bonus, but i will be applying for my tax back etc when we leave, why should i pay someones wages :ohmy: opps sorry social security. Maybe its about time the uk advised that if you dont put in then you dont get owt out.....................maybe theyd get people to stay :confused: or then again maybe not!!!!!!!!!!! just my views |
Re: FROZEN Pensions - Action Needed
Originally Posted by Liana
(Post 4908672)
It has gone to the ECHR now and hopefully they will come up with a decent response. There are many older Brits here and in South Africa, Australia and New Zealand who do not get the pension increase from the date of leaving the UK. And yet those who go to the Caribbean, US and Europe do get the increases. Has never seemed fair and though it might be correct legally, according to legislation, it is not equal human rights. ECHR stopped making it compulsory for women to retire at 60 in the UK so they do come up with some sensible solutions.
I know a lot of things in life are unfair but to penalise the recipients of a mandatory pension schem just because they chose to live in a certain place seems inexplicable! The fact that the countries involved are all members of the British Commonwealth seems to make it even worse! It is just a money saving exercise on the part of the British Government! :frown::frown: |
Re: FROZEN Pensions - Action Needed
Originally Posted by DAVIE_MAC
(Post 4908643)
Well why can't rules be changed thats what they are there for are the not.
Can anyone then shed any light on WHY it is these commonwealth contries that suffer and places like the USA and Bosnia etc don't. What's the difference then please. I also will not be relying on my state pension it would be foolish to rely on that....However I think if you have paid into something for X amount of years you should get the benefits...you can keep tax free ISA's going when you leave and other savings plans prob coz the country still has your money invested in it therefore it just seems to be a money saving exercise by the Gov. BUT there are many implications and arguments I suppose for and against.....it's my money so I guess I'm for...and why would you not be afterall As for how long it took for someone to come up with a sarcastic answer, there are people who spend inordinate amounts of time on here every day just waiting to shoot down postings. Evidently they don't have work to do! |
| All times are GMT -12. The time now is 11:57 pm. |
Powered by vBulletin: ©2000 - 2026, Jelsoft Enterprises Ltd.
Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.