Brookfield
Golden Master
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I just wondered how pensions differ across the globe, in England there is a senior citizen's pension, which can be from very small to fairly good, this is paid for out by the government out of National Health contributions deducted from salary, the problem today is, because of the so-called baby-boom at the end of WW2, one in five citizens are over sixty, & the government is struggling to find the money to keep pensions in line with inflation, & are proposing to increase contributions & raise the male retirement age from
sixtyfive to seventy, most people, if they are wise, pay into a private pension at age thirty or earlier
The lowest government pension is around £70 a week, this paid mainly to females, who have remainded single, & stayed at home to look after their widowed father or mother, & have now reached retirement age, I know one who works at a supermarket at the age of sixtyeight, because cannot live on her pension.
As for myself, I am lucky, I have two pensions, one Civil Service, & the government pension, totalling just under £700 a month, which doesn't sound much, without the Civil Service one, I'd get around £360, but the £700 I am getting is enough for me, no mortgage, no debts, no independents, I eat well, drive a 2 litre car, & I'm still in the black to the tune of roughly £100 amonth.
Now let's hear of situations where you are, I realise that the majority of members are quite young, so don't feel that you have to comment, unless you'd like to comment on your older relatives, you don't have reveal specific amounts.
sixtyfive to seventy, most people, if they are wise, pay into a private pension at age thirty or earlier
The lowest government pension is around £70 a week, this paid mainly to females, who have remainded single, & stayed at home to look after their widowed father or mother, & have now reached retirement age, I know one who works at a supermarket at the age of sixtyeight, because cannot live on her pension.
As for myself, I am lucky, I have two pensions, one Civil Service, & the government pension, totalling just under £700 a month, which doesn't sound much, without the Civil Service one, I'd get around £360, but the £700 I am getting is enough for me, no mortgage, no debts, no independents, I eat well, drive a 2 litre car, & I'm still in the black to the tune of roughly £100 amonth.
Now let's hear of situations where you are, I realise that the majority of members are quite young, so don't feel that you have to comment, unless you'd like to comment on your older relatives, you don't have reveal specific amounts.