Jump to content

The frozen pensions of Overseas ex-pat pensio


Recommended Posts

Im 31 and I'm part of a wonderful generation that is currently paying the interest payments on your pensions and health care, as we all know pensions are paid from the UKs 1.4trillion debt and my NI is used ro pay for the credit. I've never seen you ask my age ever.

There will be individual examples of non-pampered and entitled baby boomers for sure but I will repeat again what I said the other week, you guys will go down in history as the worst generation ever.

Link to comment
Share on other sites

Check the historical figures for UK household debt, I'm on the mobile just now so I cant cut and paste anything but despite having all the advantages of growing up in a boom period where national debt came down and the UK enjoyed a trade surplus (such as being able to walk out of school/work and into a job, cheap ptoperty, state funded education), the BBers still felt they had to live beyond their means.

They then gave birth to future generations of scroungers, without giving them the advantages they had but did successfully pass on the debt lifestyle.

Now they have decided to settle Scotlands future in a referendum, which will ultimatley see us alot worse off down the line as we will move from socialised public services to being customers of public services, with the bonus of paying for new trains in London and faster missiles, on the back of a false belief they were voting to stay in a larger pension 'fund' with not one **** given for future generations well being.

I vote we increase the overseas pensions at 5 times the rate of inflation, as a thank you for the collectors once gracig us with their presence.

Edited by clacher_holiday2
Link to comment
Share on other sites

Im 31 and I'm part of a wonderful generation that is currently paying the interest payments on your pensions and health care, as we all know pensions are paid from the UKs 1.4trillion debt and my NI is used ro pay for the credit. I've never seen you ask my age ever.

There will be individual examples of non-pampered and entitled baby boomers for sure but I will repeat again what I said the other week, you guys will go down in history as the worst generation ever.

 

 

Check the historical figures for UK household debt, I'm on the mobile just now so I cant cut and paste anything but despite having all the advantages of growing up in a boom period where national debt came down and the UK enjoyed a trade surplus (such as being able to walk out of school/work and into a job, cheap ptoperty, state funded education), the BBers still felt they had to live beyond their means.

They then gave birth to future generations of scroungers, without giving them the advantages they had but did successfully pass on the debt lifestyle.

Now they have decided to settle Scotlands future in a referendum, which will ultimatley see us alot worse off down the line as we will move from socialised public services to being customers of public services, with the bonus of paying for new trains in London and faster missiles, on the back of a false belief they were voting to stay in a larger pension 'fund' with not one **** given for future generations well being.

I vote we increase the overseas pensions at 5 times the rate of inflation, as a thank you for the collectors once gracig us with their presence.

 

 

I have to agree almost completely with you on both of your posts Clacher. 

 

The baby boomer generation ( especially Tony Blair and Labour ) have a lot to answer for the current state of affairs - and you and your generation and subsequent generations should be very angry, very indeed.  However, that is the Labour Government that was largely in power thanks to all the Scots that voted them into power for so many years ( thanks mostly goes to Glasgow and surrounds ! ).

 

I grew up with the determination to be self sufficient when it came to my retirement and health care ( if I could work hard enough to afford it that is, fortunately I could and did ) and thus I retired well before 60 and am now paying for my own health care and not drawing a pension from any Government even though I could claim something from the U.K , Canada, Australia and NZ.  

 

I am also still paying my taxes and other payments each year that are well above the level of the average tax payer - so I am still a positive net contributor to the country I live in.  

 

As you indicate there are a number of Baby Boomers like me in my situation of being positive net contributors in their retirement - it is a set of values that a lot of us grew up with. Unfortunately not enough of us grew in this way. And I am talking about the people that that had the capability to do so not about the unfortunate people who did not have the capability to do so. They should always be helped and looked after.

 

On behalf of my generation I apologize to you and your generation for the hardships you will have to endure into the future  Unfortunately an apology is not very nutritious nor does it have any monetary value.

 

My advice to you is to do your best to not be dependent in your retirement, in any way, upon the state ( which ever one it is ) in which you live in.

Link to comment
Share on other sites

Lets get this right, culduthel.....on three, or, at the most, four occasions since 1945, has the Scottish vote made ANY difference to what the English voter wanted.......and one of those times was in 2010, when we changed a Tory majority of about 2, I think, to a Tory minority and spawned the Coalition....and  so far this "Scottish chosen" Government, if it goes to term, will  have lasted longer than any other one we have "chosen".

 

In 1964, which I very vaguely  remember, because I helped leaflet for Labour with my folks, Scottish MPs changed the Government from a Tory majority of 1 to a Labour majority of 4..and that one lasted 2 years.  In 1974, at the first election, Scottish MPs  changed a minority Tory government to a minority Labour one, and in the second 1974 election, they changed a minority Labour one to a majority(by 3) one.

 

Ergo in 65 years, Scotland has "chosen" the UK Government over  7 years in total apart from the current administration

Link to comment
Share on other sites

Lets get this right, culduthel.....on three, or, at the most, four occasions since 1945, has the Scottish vote made ANY difference to what the English voter wanted.......and one of those times was in 2010, when we changed a Tory majority of about 2, I think, to a Tory minority and spawned the Coalition....and  so far this "Scottish chosen" Government, if it goes to term, will  have lasted longer than any other one we have "chosen".

 

In 1964, which I very vaguely  remember, because I helped leaflet for Labour with my folks, Scottish MPs changed the Government from a Tory majority of 1 to a Labour majority of 4..and that one lasted 2 years.  In 1974, at the first election, Scottish MPs  changed a minority Tory government to a minority Labour one, and in the second 1974 election, they changed a minority Labour one to a majority(by 3) one.

 

Ergo in 65 years, Scotland has "chosen" the UK Government over  7 years in total apart from the current administration

 

Dearest Construct,

 

I am sure you are right on all those accounts above.  My main meaning, poorly expressed, was to indicate that Scots had contributed around 75% of their seats to the Labour cause during the early Blair years and so had got the government they wanted. But you are right enough, Labour would have still governed without them. Although the many Scots living in England at the time who voted Labour would have made a hefty contribution to the Blair cause.

 

As I say to my daughters  - I've told you a million times I never exaggerate.

Link to comment
Share on other sites

 

As you indicate there are a number of Baby Boomers like me in my situation of being positive net contributors in their retirement - it is a set of values that a lot of us grew up with. Unfortunately not enough of us grew in this way. And I am talking about the people that that had the capability to do so not about the unfortunate people who did not have the capability to do so. They should always be helped and looked after.

 

On behalf of my generation I apologize to you and your generation for the hardships you will have to endure into the future  Unfortunately an apology is not very nutritious nor does it have any monetary value.

 

The apology is accepted on behalf of the current working generation of the western world.

 

Any chance you could organise your peers to sell the social housing they bought for £20,000, 3 decades ago, here in the South of England that I'm being asked to pay 15 times as much for, at a level consistent with the increase in UK average wage over my lifetime?  I have no problem with structures that were never funded from the public purse or were ever designated for social housing to be included in the great sell-off.  Infact, how about we limit the sell off at a fair price to those who use ex council properties as buy-to-let investments?

 

I was born in 1983, according to the Financial Times website, the average wage in 1983 was £10,159.44 per year, the same source says as of April 2014 the average wage has fallen slightly to £25,400.  A mere 250% increase in the asking price might be a bit low for me to expect, given that baby boomers running councils nationwide for a couple of decades threw up as many barriers as possible for more homes to be built.

 

In exchange I'll be less spiteful about handing over income tax every month to fund their 30+ years of retirement.

 

I'm sorry if I sound overly bitter about any of this, I've had a bad week, Scotland voted itself down to county status and threw 2 fingers up to the people currently paying for the island to keep itself afloat.  Turkeys voting for Christmas.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue. : Terms of Use : Guidelines : Privacy Policy