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Only if pensioners believed both that they wouldn't lose what they've got now and that the SG would stick to its promise, maybe not easy, given a WM history of broken promises
It would have to be made plain that current pensioners would get it. Not like the much-vaunted “flat rate” UK pittance which only applies to folk reaching retirement recently. The older folk get even less, ie the old state pension.
Your figures are lies. In Germany the more you pay in insurance the bigger the State pension. £507 is the max and that's for high earners who make large contributions. UK is flat rate
Same applies everywhere, Germany, France etc., their pensions still 3-5 times ours. And we have almost full employment sontaxes are coming in.
The numbers aren't comparable.. In the UK we have a flat rate state pension. In other countries they are earnings related. The comparison is the maximum payable in those countries against our flat rate. It's not a true comparison at all..
The majority of people on that list are retiring from or have retired from professional service firms. We are generally keen on CDC as the right way forward for pension policy in the UK - in our opinions. Can you explain to me how I make or have made a penny out of CDC?
We should be debating the risks around the UK pensioners welfare in future being based on an internationally low flat rate state pension and individual savings to provide top ups to that.
Don't be fooled by this SNP pension crap.Average pensions are higher in EU as high earners get a high state pension due to higher contributions. Low earners receive similar amounts to us in UK. UK is now more or less a flat rate whether you earn 20,000 or 200,000 a year
The current UK pension is the lowest compared with the EU statesnot because of potential tax per personbut because the UK gov (Tories)simply dont value it & want it phased out for private pensions
UK state pension is essentially a flat rate with the exact amount dependent on years of contributions and age. Spanish, German and French pensions are calculated using more complex formulas that depend on previous earnings..
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