Gutted about NI rise

[CarryOnNurse20]

I know we need it and we have so much money to pay off. But we have been scrimping and saving after a hard couple of years. Every penny is accounted for from pay day to pay day. I’m a nurse and my pay has been capped/below inflation my whole career. And now the NI rise means any savings etc we have made will now be gone. I’m gutted.

Exactly. If you want care you pay for it.

Excellent idea - let's privatise the NHS too then whilst we're at it! After all, if you want care, you can pay for it

Dont you pay for your state pension while your working?
I dont think it is free.

“Everyone else should pay for this, except me” is pretty much the flavour of the response here. I’ve just had a really small pay rise, half of which will pay for this increase. They could take the other half if they like. Sure, they need to make sure the lowest paid aren’t impacted, but people here saying they will be 50 quid a month worse off, that means you are earning around 3k a month. If you begrudge giving 50 quid to pay for social care, your priorities are out of whack.

Yes needed (hopefully we will all get old)
not sure why the pensioners have not been added into the the NI bracket
Its cheaper than private healthcare
Good to see it looks like its being ring fenced
Sad that they are not looking at making the UK pension a living pension and dumping the scrappy benifits (like bus pass/ winter fuel allowance) & ring fencing pension contributions contributions

Oh and by the way, I do want care when I'm elderly, which is why I'm happy to pay this tax!

For the record I think the NI increase is madness. NI is a stupid idea anyway - it should all be tax and everyone should pay proportional to their assets and income.

But

I find the reaction to this very interesting.

With lockdown the attitude was 'it's necessary, we all need to do our bit' from the people comfortably sitting at home getting their food delivered. No thought for the low-paid workers still going out every day to keep the essentials of their life running, no thought for pensioners in care homes left despairing and confused by lack of family contact, no thought to the children left at home for months without school in abusive and neglectful homes.

Now that those people are themselves inconvenienced though, in the place it hurts most (the wallet) it's suddenly 'this isn't fair!' Where is the admonishment to do your bit, or the tutting about us protecting and providing for the elderly?

This will ultimately just hasten voluntary euthanasia and I expect that is the end goal.

Boris knows there will be uproar. He isn't anything close to the buffoon he plays for the populace.

Also I would like to mention, disabled people are facing many of the ‘problems’ pensioners have but without the financial cushioning of having accrued wealth in much better times. Where is the sympathy for them?

I think making smug digs at other generations isn’t just confined to baby boomers, anyone who reads mumsnet for longer than five minutes knows that the ageist nastiness on here is endemic*

This. I'm wondering when all the smug boomers are dead (surely the ranks would have been thinned a bit during Covid?) and their dragons' hoard consumed by aged care, leaving little to be inherited, then everything will be fine?

@lllllllllll

It’s also baffling how so many people are up in arms about helping the elderly. Are they so shortsighted that they forget they too will one day get old?

But we'll be old without huge pensions and houses that have vastly increased in value.

“Everyone else should pay for this, except me” is pretty much the flavour of the response here. I’ve just had a really small pay rise, half of which will pay for this increase. They could take the other half if they like. Sure, they need to make sure the lowest paid aren’t impacted, but people here saying they will be 50 quid a month worse off, that means you are earning around 3k a month. If you begrudge giving 50 quid to pay for social care, your priorities are out of whack.

Well said!

But we'll be old without huge pensions and houses that have vastly increased in value.

@FolornLawn yes - all the more reason for making sure that social care is properly funded!

Most of my friends in their 50s are inheriting £100ks. Life changing amounts. Some have seen parents go into care but most have not.

I know that most of you are unhappy, but for me with an elderly DH whose memory is going, it's a huge relief.

I’m waiting for @lllllllllll to explain why they’ve lied about what I’ve said?

@SafeMove

I don't think it's fair or helpful to make it a 'young versus' poor issue though. I get that people think the older generation have had it easier financially and I am 42 with 3 DC who are teens and pre teens so I am not saying it from a defensive position. But this bun fighting between younger and older people is doing exactly what they want - getting people to mud sling at each other s we don't look closer at what is actually going on. I don't begrudge older people wealth half as much as I do the absolute bellend companies who benefit from paying their workers fuck all, with terrible conditions and then use tax loopholes to get out of paying their fair share. I also hate the diversion of public funds into private business (this new xx million for the NHS for example, pretty sure that will be diverted into the wrong hands) more than an older couple enjoying multiple holidays etc.

Kick up definitely, but don't kick each other.

I'm with you here. There are some very rich and very poor pensioners, and there are also some very rich and very poor younger people (just have a look at some of the salaries on MN for example). It's ridiculous to assume that all pensioners have gold plated pensions and mansions - most do not.

Yet again, the wealthy pensioners are coveted to keep votes. Working age people.... In 40's and below are squeezed to the limit yet again. There is literally no respite. No gold plated pension. No retirement at 50/55/60/65. No ample health services available. No increased house price wealth. No decent space to live when even affording a tiny home. No job stability. No free university/ tuition (many people spend most of their lives with debt like this... Even careers such as pilot training used to be granted!). No day to day quality of life, 9 til 5 work life balance that the boomers so richly took advantage of. Nope. Just accepting and inhumanly, robotically adjusting to higher workloads, longer working hours, reduced staff and amenities in society, a crumbling NHS, and no ability to easily leave the country ... Shall I go on. It is unfair and totally unjust.

Another old gimmer who thinks increasing income tax would have been fairer, and who also believes that only the state element of pension income should be exempt from NI.

@Wandawide

For the longer term does anyone have any ideas about how we expand our economy by improving our productivity.?

Don't vote for this out of touch batch of wankers, who are ignoring the needs of anyone under 60 again. That would be a good start.

My mum is one of the elderly but funds her own care at home to the tune of £424 per week - until she can’t and then it’s free but significantly reduced care then against her needs, which is a worry - she’s not one of the super rich but was a teacher and fell lucky with pensions, and saved throughout her/husband’s lives. If/when she goes into a home then her house sale will pay for that - but only until it doesn’t, which won’t take long then she may well have to move to the very cheapest one and moves are well known to kill the elderly off. I understand the reasons this proposal is unpopular - as below - but current processes equally are an appalling way to treat the middlish earners in old age after working all their lives especially when they didn’t expect it. She’s upset about all her cash going on care though does think she should pay a good amount - she’s not expecting it for free, nor have I ever expected an inheritance, but to watch her savings from her hard work evaporate so fast and have to do without things she liked to have pre care needs is quite harsh.
It’s a complete mess too to bottom and suits or benefits very few people. I did think those pensioners who pay tax now also had to pay NI? Is that not a thing now? I’m happy to pay more as a principle that we are a society and I want the vulnerable cared for well but I’m not impressed with how it’s currently proposed, and not happy the youngest and hardest hit with house prices etc bear the brunt. One day there won’t be enough young ones to find the cock ups that resulted in older people expecting what the country can’t pay for and then what happens?

It's a joke - it's just paying for rich older people to hang on to their homes - homes which are far bigger than their needs, worth a fortune just because they got lucky with buying when prices were cheap - now they can keep their expensive oversized homes and pass those on as inheritance and the rest of us are made to pay for it.

Disgusting....

Also I would like to mention, disabled people are facing many of the ‘problems’ pensioners have but without the financial cushioning of having accrued wealth in much better times. Where is the sympathy for them?

I have every sympathy, which is why I very much welcome this tax increase. What about you?

Pensioners these days don't know they're born!

Yes @SafeMove but the difference is the sun shone for them back then, so if they didn’t may hay, at least they had a chance to even if they wasted it. The sun isn’t even shining for us!