Not fair until they have to take some sacrifices to pay their gold plated can’t be touched government pension is it?
Only fair when its the young ones
>“The government is asking us to pay into a system for healthcare and pensions, and increasingly we get less and less.”
Welcome to the real world that your generation built. Have you tried cancelling Netflix? Stopped having avocado toast?
>“I have paid into the system, I want to get back what I paid in.”
Then learn how the system works, its not a pot you pay in to. Its a benefit
GenXcellency on
People will likely end up having to work longer because they’ll find that their pension doesn’t cover all of their bills.
IlluminatedCookie on
Imagine having a pension 😂 chances are I won’t even be able to retire as I imagine by that time they’ll have scrapped state pension or retirement age entirely
XenorVernix on
Yeah good luck getting a job when you’re in your 60s. In my field (tech) a lot of people say age discrimination begins in your 40s.
Lettuce-Pray2023 on
Blunt – the pension system assumed you would fall off your perch maybe 5-10 years after retirement. It assumed you would pass on your house to your offspring while they were maybe their 40s? 50s? It didn’t assume you would need expensive cardiac surgery, hospital admissions, social care way into what are often quality of life reduced years.
This is the demographic shift – living longer is expensive and far exceeds anything “paid into the system” – just look at the publics hunger for any expensive medical interventions because “they are a fighter” even if it means a few more years of crappy quality of life.
adfddadl1 on
There is a huge problem/contradiction on the horizon between the push towards automation and ai and the push to raise retirement age.
P-a-ul on
There were four workers per pensioner a few decades ago, and the ratio is likely to progress to around 2.5 by 2070.
I have sympathy for those that will be working later than expected (selfishly, myself included in a few decades time hopefully), but I’m not sure what the solution is apart from trying to keep this ratio sustainable through things like increasing the retirement age.
Relative-Chain73 on
Why don’t they get on streets with their tractors/s. But why don’t they go out on streets, they have the greatest power on the current government as they have again and again made policies to win old people votes and ignored youths, and minority sans the winter fuel fiasco, but they’re backtracking on that as well. O i hope they are on streets, that’d be so fun to watch
joeythemouse on
The IMF said: “The 70s are the new 50s,” and released data that suggested a person aged 70 in 2022 had the same cognitive function as the average 53-year-old in 2000. Physical health had also significantly improved, the IMF found.
How? This is the same group of people.
Catherine_S1234 on
If they wanted to retire they should cut the avocado toast and Netflix
Back in my day pensioners did 30 hour shifts in the coal mines!
SoundsVinyl on
Getting a job in people’s 50’s let alone 60’s and 70’s is hard work. Warehouses run on a prison like KPI system they would never be able to keep up on, supermarkets don’t overly hire anymore, maybe grocery delivery? But that’s usually part time.
This country is working people to death to save money
NafariousJabberWooki on
A lot of comments on this showing what a bucket of crabs this country is becoming.
You’ll find most the people collecting a state pension are not entitled, they are people who spent decades working their arse off on below National avg. wage. They are not living in a three bedroom detached, driving the Merc. to the local M&S at 15mph.
But this sub, every time pensions are mentioned, the visceral cruel hate is almost tangible. But I guess pensioners make easy targets.
Vivid-Fondant6513 on
I don’t get why you lot in the UK put up with the blatant double standards and greed from your boomers?
Wakingupisdeath on
Pick up that bottom lip boomers, you screwed us millennials, it’s the least you can do.
Kijamon on
This won’t go down well here but I’ll be retiring in my early 50’s and all it took was my mum dying at 66 before she could touch her private pension and me inheriting it and it increasing in value.
I’m not working till I die. But I wish my mum had enjoyed what she had put away and was still with us. I’d rather have her around than money.
Southern_Mongoose681 on
They’re complaining about having to work, many are complaining about not finding any work. Seems like we might be missing a way to make more people happy?
Sir_Henry_Deadman on
Must be nice to even see the option of a retirement
the_englishman on
The UK state pension now functions in a way that is basically a Ponzi scheme. At its core, it’s a pay-as-you-go system, today’s retirees are not drawing from a fund they contributed to over their working lives, but from the taxes collected from the current workforce. This system depends entirely on a constant inflow of new contributions to sustain payments to those already retired, just like a Ponzi scheme depends on new investors to pay off earlier ones.
This model might have worked in the post-war era when the ratio of workers to pensioners was high, but demographic changes have rendered it increasingly unsustainable. The UK’s population is aging rapidly, and the workforce is shrinking in relative terms. Where there were once seven workers supporting each pensioner, that number is now closer to three and it’s projected to fall further. The fewer the contributors, the harder it becomes to meet the promises made to retirees without massive tax hikes or benefit cuts.
They can complain all they like but as I doubt I will even see a penny from a state pension down the line as it will inevitably collapse long before I can to retire-able age I couldn’t care less.
Dull_Ratio_5383 on
we live in an age of sci-fi technological progress, the population bomb is plain bullshit, the migrant crisis is bullshit, the austerity crisis is made up.
They are all puny excuses to keep the plebs worried about something else and keep driving more wealth towards the richest people in the history of humanity.
BronnOP on
Ha. Hahaha. Hahahahaha.
Oh dear. It’s not fun experiencing what the under 40s have had to experience, is it? A country that takes takes takes whilst expecting more and more from you.
You reap what you sow, and it’s time to reap motherfuckers. The dildo of consequences rarely arrives lubed. Pucker up.
Cancel some Netflix subscriptions, give up the expensive coffees, and pull yourselves up by your boot straps! You’ve had half a century to save!
20 commenti
Not fair until they have to take some sacrifices to pay their gold plated can’t be touched government pension is it?
Only fair when its the young ones
>“The government is asking us to pay into a system for healthcare and pensions, and increasingly we get less and less.”
Welcome to the real world that your generation built. Have you tried cancelling Netflix? Stopped having avocado toast?
>“I have paid into the system, I want to get back what I paid in.”
Then learn how the system works, its not a pot you pay in to. Its a benefit
People will likely end up having to work longer because they’ll find that their pension doesn’t cover all of their bills.
Imagine having a pension 😂 chances are I won’t even be able to retire as I imagine by that time they’ll have scrapped state pension or retirement age entirely
Yeah good luck getting a job when you’re in your 60s. In my field (tech) a lot of people say age discrimination begins in your 40s.
Blunt – the pension system assumed you would fall off your perch maybe 5-10 years after retirement. It assumed you would pass on your house to your offspring while they were maybe their 40s? 50s? It didn’t assume you would need expensive cardiac surgery, hospital admissions, social care way into what are often quality of life reduced years.
This is the demographic shift – living longer is expensive and far exceeds anything “paid into the system” – just look at the publics hunger for any expensive medical interventions because “they are a fighter” even if it means a few more years of crappy quality of life.
There is a huge problem/contradiction on the horizon between the push towards automation and ai and the push to raise retirement age.
There were four workers per pensioner a few decades ago, and the ratio is likely to progress to around 2.5 by 2070.
I have sympathy for those that will be working later than expected (selfishly, myself included in a few decades time hopefully), but I’m not sure what the solution is apart from trying to keep this ratio sustainable through things like increasing the retirement age.
Why don’t they get on streets with their tractors/s. But why don’t they go out on streets, they have the greatest power on the current government as they have again and again made policies to win old people votes and ignored youths, and minority sans the winter fuel fiasco, but they’re backtracking on that as well. O i hope they are on streets, that’d be so fun to watch
The IMF said: “The 70s are the new 50s,” and released data that suggested a person aged 70 in 2022 had the same cognitive function as the average 53-year-old in 2000. Physical health had also significantly improved, the IMF found.
How? This is the same group of people.
If they wanted to retire they should cut the avocado toast and Netflix
Back in my day pensioners did 30 hour shifts in the coal mines!
Getting a job in people’s 50’s let alone 60’s and 70’s is hard work. Warehouses run on a prison like KPI system they would never be able to keep up on, supermarkets don’t overly hire anymore, maybe grocery delivery? But that’s usually part time.
This country is working people to death to save money
A lot of comments on this showing what a bucket of crabs this country is becoming.
You’ll find most the people collecting a state pension are not entitled, they are people who spent decades working their arse off on below National avg. wage. They are not living in a three bedroom detached, driving the Merc. to the local M&S at 15mph.
But this sub, every time pensions are mentioned, the visceral cruel hate is almost tangible. But I guess pensioners make easy targets.
I don’t get why you lot in the UK put up with the blatant double standards and greed from your boomers?
Pick up that bottom lip boomers, you screwed us millennials, it’s the least you can do.
This won’t go down well here but I’ll be retiring in my early 50’s and all it took was my mum dying at 66 before she could touch her private pension and me inheriting it and it increasing in value.
I’m not working till I die. But I wish my mum had enjoyed what she had put away and was still with us. I’d rather have her around than money.
They’re complaining about having to work, many are complaining about not finding any work. Seems like we might be missing a way to make more people happy?
Must be nice to even see the option of a retirement
The UK state pension now functions in a way that is basically a Ponzi scheme. At its core, it’s a pay-as-you-go system, today’s retirees are not drawing from a fund they contributed to over their working lives, but from the taxes collected from the current workforce. This system depends entirely on a constant inflow of new contributions to sustain payments to those already retired, just like a Ponzi scheme depends on new investors to pay off earlier ones.
This model might have worked in the post-war era when the ratio of workers to pensioners was high, but demographic changes have rendered it increasingly unsustainable. The UK’s population is aging rapidly, and the workforce is shrinking in relative terms. Where there were once seven workers supporting each pensioner, that number is now closer to three and it’s projected to fall further. The fewer the contributors, the harder it becomes to meet the promises made to retirees without massive tax hikes or benefit cuts.
They can complain all they like but as I doubt I will even see a penny from a state pension down the line as it will inevitably collapse long before I can to retire-able age I couldn’t care less.
we live in an age of sci-fi technological progress, the population bomb is plain bullshit, the migrant crisis is bullshit, the austerity crisis is made up.
They are all puny excuses to keep the plebs worried about something else and keep driving more wealth towards the richest people in the history of humanity.
Ha. Hahaha. Hahahahaha.
Oh dear. It’s not fun experiencing what the under 40s have had to experience, is it? A country that takes takes takes whilst expecting more and more from you.
You reap what you sow, and it’s time to reap motherfuckers. The dildo of consequences rarely arrives lubed. Pucker up.
Cancel some Netflix subscriptions, give up the expensive coffees, and pull yourselves up by your boot straps! You’ve had half a century to save!