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Re: UK Government Pension
Originally Posted by Alan2005
(Post 9066219)
and the only claim I make about you is that you are not poor
You pretending to have a low income again? Don't be a hypocrite. Stop pretending that you are what you are not you have nothing in common with people that struggle on a day-to-day basis. Have you ever wondered why I often post about the provincial drug programs? You know, those schemes that assist families whose medical costs exceed their incomes. It wouldn't be...gasp...because we qualify would it? You know, because our medical costs do exceed our income and we do qualify. Did you ever think that you might be pretty bloody ignorant of a few things? :frown: |
Re: UK Government Pension
Originally Posted by BristolUK
(Post 9066581)
Really?
But I do have a low income. Sounds like you're calling me a liar. But you said you're only claim is I'm not poor. Apparently I'm a hypocrte and a liar. You "know" that I have nothing in common with people who struggle. Really? Have you ever wondered why I often post about the provincial drug programs? You know, those schemes that assist families whose medical costs exceed their incomes. It wouldn't be...gasp...because we qualify would it? You know, because our medical costs do exceed our income and we do qualify. Did you ever think that you might be pretty bloody ignorant of a few things? :frown: I do know that if I had enough money for two houses in the bank and was just earning enough interest to live on, you would say I was rich and did not deserve financial assistance from the state, and nor would it give me it I expect. This is the hypocrisy - your choice of asset hides your wealth to the point where you get state help despite owning, not one, but two houses outright. I'm not knocking your decisions - you've made good investments at the right times and are in a nice position because of it. The reality of the last ten years has meant that anyone on your income levels will probably never own their own home (let alone two) and will have to work their entire lives regardless of whatever complicated personal circumstances they have. |
Re: UK Government Pension
Originally Posted by Alan2005
(Post 9066654)
I do know that if I had enough money for two houses in the bank and was just earning enough interest to live on, you would say I was rich and did not deserve financial assistance from the state
Having got incredibly lucky with the increase in UK house prices, the money I got from the sale when I moved to Canada wouldn't have gone far in most of Canada; certainly the total is far less than the cost of property that people on this forum have. I could have stayed in Quebec where my wife is from and had enough for only the home. Would anyone say I was rich then? As you say, I made a good decision to move here so we had a home and an income. It did of course mean my wife and step kids leaving their family behind which is not without its problems.
Originally Posted by Alan2005
(Post 9066654)
This is the hypocrisy - your choice of asset hides your wealth to the point where you get state help despite owning, not one, but two houses outright.
The Drug Program supports us not because medical costs are a little more than income and we just qualify but because medical costs are astronomical; approaching $60,000 a year due to the severity of illness. Thank you for your compassion.:rolleyes: |
Re: UK Government Pension
Thank you for persevering while a little thread war raged around you. :thumbup:
Keith your information has been helpful and I share your annoyance with the UK Government position. But heyho I dont expect to get anything from them when I reach 65 (or whatever age it will be changed to). I am paying into CPP, RRSP's and I am going to transfer my UK private pension over (hopefully the exchange rate will improve this year) in preparation for our retirement. I profess to not expecting to retire for a longgggggg time yet.
Originally Posted by Keith
(Post 9066112)
The amount of income required to live comfortably on depends on ones lifestyle. Ours hasn't changed since we both retired 15 years ago ( I was 61 the wife 59). One thing that has changed recently is the ability to split pension incomes. In our case it has resulted in our not paying any federal/provincial income taxes. In fact this year due to refunds ( HST,GST and provincial property refunds) our net income is higher than our gross income.
We do not have any loans or mortgages and have never smoked and only rarely alcohol, but we do like to travel and in those retirement years have spent at least 2 months in warmer climates ( most recently San Diego). We only spend 75% of our income on basics plus clothing etc so we have a healthy savings available for rainy days. For two people of our age $30,000 will allow one to live quite comfortably. Thats providing you own your own place and pay off credit cars every month. |
Re: UK Government Pension
Originally Posted by Dave+Jules
(Post 9067382)
Keith your information has been helpful and I share your annoyance with the UK Government position.
Originally Posted by Dave+Jules
(Post 9067382)
But heyho I dont expect to get anything from them when I reach 65 (or whatever age it will be changed to).
When/if that time comes, I will actually benefit from the change that will give me a full, rather than reduced, pension. In a way, that will compensate for the lack of uprating. If only I'd met and fallen for an American rather than "deciding" to meet and fall for a Canadian, eh? I'd be quids in. :rofl: |
Re: UK Government Pension
Originally Posted by BristolUK
(Post 9067557)
If only I'd met and fallen for an American rather than "deciding" to meet and fall for a Canadian, eh? I'd be quids in. :rofl:
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Re: UK Government Pension
Originally Posted by dbd33
(Post 9067568)
Not once y'all were done paying for them specially imported grits.
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Re: UK Government Pension
Originally Posted by BristolUK
(Post 9067578)
I didn't think that meant Liberals so I had to look it up. New one on me.:blink:
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Re: UK Government Pension
Originally Posted by dbd33
(Post 9067582)
It's what Americans eat. All the time. Like horses and hay.
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Re: UK Government Pension
Originally Posted by dbd33
(Post 9065829)
It's an historical anomaly, there's no justification for them receiving the money and I agree with the view above that, sooner or later, the government will get around to either ending indexing for people who left or ending the payments completely.
Nah, it's just me moral compass kicking in. If you're 100% Canadian there's no reason to claim a pension from the UK, from Chile, or from any other foreign country. |
Re: UK Government Pension
Originally Posted by Keith
(Post 9065666)
This month I have been receiving the UK Government Pension for 15 years. I worked and paid into the UK pension from Dec 1944 until I left for Canada in 1963. This entitled me to a pension of 38.89 pounds.
Now here is the problem if I had emigrated to the US instead of Canada that pension would be worth 65.66 pounds an increase of approx 66% but as a expat living in Canada it's still the same 38.89 pounds. For many years the expats in Canada, Australia and New Zealand have been fighting this to no avail. http://www.britishpensions.com/problem.html Be prepared to be cheated when you start receiving your UK pension. |
Re: UK Government Pension
Hi all
Just read all the banter on U/K state pensions not being linked.are Canadian pension index linked for a Canadian expat in the U/K. |
Re: UK Government Pension
Originally Posted by big ron
(Post 9106422)
Hi all
Just read all the banter on U/K state pensions not being linked.are Canadian pension index linked for a Canadian expat in the U/K. |
Re: UK Government Pension
im trying to follow this thread and believe the gist of whats been written is - you dont deserve a uk pension if you are a resident of canada!,,probably agree with that if we had came to canada in our 20s,but not in our late 40s.
mmmm as someone who put 32 yrs contributions into the uk coffers & 20yrs company pension ..my other half 30yrs& 25yrs nhs ... why the hell should we not get a uk pension.:sneaky: if the worst comes to the worst we will go back 2mnths before pensions are due ,set up the bank accounts and come home to canada!!. at the moment i belive a full uk pension is paid after 30yr contributions..:fingerscrossed: |
Re: UK Government Pension
As of today you will be entitled to a U/K pension if you have paid in for so long,getting the pension is no problem.It is just the fact that it is frozen at the rate you are getting when you return to Canada for good. In future years all this will change again as the state pension is being phased out ,eventually no one will get a state pension.Hope this helps.
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