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What are all pensioners getting another £300 this winter??

1000 replies

F0RBIDDENFRUIT · 25/08/2023 13:12

They are amongst the richest people in the country, yes there are poor pensioners but a lot of them are way richer than anyone else.

£300 more for energy, none of the old people I know need this, they all have more money than their children.

Just because they vote, that is the only reason they can be doing this.

OP posts:
Thread gallery
17
LakieLady · 25/08/2023 16:53

ruby1957 · 25/08/2023 16:38

@lakielady
My MIL gets pension credit, because she only worked for 15 years and therefore doesn't qualify for state pension. She gets all her rent (council house, £165pw) and council tax (approx £1500 pa) paid from benefits, but only has £201 pw for everything else. That £300 makes a huge difference to her, it means she doesn't have to worry about putting the heating on.

This is the bitter irony for those of us who paid 40 years of NI and also paid into a personal pension and as a result have an income slightly over the personal allowance and over the pension credit level - so pay tax, pay for our council tax, TV licence and find our income per week is not far off the £201 per week quoted.

Quite. I started work at 17, so had paid NI for 49 years by the time I got to retirement age, and my state pension is only a couple of ££ a week more than MIL gets in pension credit.

I'm still aggrieved at not getting it at 60. I'm in the first tranche of women who had to work to 66.

Judashascomeintosomemoney · 25/08/2023 16:53

perilady83 · 25/08/2023 16:46

@Judashascomeintosomemoney once youre over a certain age you dont pay NI

At age 67 you save 12.5% when working compered to person age 18-65

So any work anyone does after age 66 is worth more

My Dad is 67 and is self employed on around £100k pa works FT he donates this gvmt money says its insulting and should start at age 80? Loqds of people working now 65-75.

www.which.co.uk/money/tax/income-tax/age-related-tax-allowance-aAFyD2J3QbkY

Yes I am aware that NI contributions stop after a certain age, but you said you know loads of people who are high earners who are not paying tax. So you didn’t mean that? Just trying to clarify

uncomfortablydumb53 · 25/08/2023 16:56

It's always been like this
Paid by age not financial circumstances
DLA/PIP is also non means tested if you meet the criteria

TheThinkingGoblin · 25/08/2023 16:56

IClaudine · 25/08/2023 16:39

Fair enough, but can you provide the details of the contributions and eligibility for those countries that pay a better pension than the UK, or a link to details?

Sure. Here is Spain:

Eligible qualifying years full pension = 37 years 9 months (this will be increasing to 38.5 years in 2027)

https://ec.europa.eu/social/main.jsp?catId=1129&langId=en&intPageId=4795

Social Security Payments (similar to NI)

Very hefty payments in Spain vs UK

6.45% employee (depends on contract)
30.45% employer (this is the largest difference)
1.50% variable (workers comp insurance)

These large employment taxes also cause problems as it makes it very expensive to hire people. Thats one of the drivers of the black economy in Spain (est. 20% of GDP).

https://taxsummaries.pwc.com/spain/individual/other-taxes

Spain - Employment, Social Affairs & Inclusion - European Commission

https://ec.europa.eu/social/main.jsp?catId=1129&intPageId=4795&langId=en

Judashascomeintosomemoney · 25/08/2023 16:57

Albioncreed · 25/08/2023 16:39

I’d be very surprised if the state pension even exists when I’m old tbh

Same here! I recently paid some missing NI contributions and it was only afterwards I thought I wonder why I bothered, doubt I’ll see any state pension by the time I’m of the age, probably should have put it in private pension instead 🤷‍♀️

Lifeomars · 25/08/2023 17:01

I am old, I am finding reading some of the comments on this thread quite distressing. If some of posts on here were addressed at people of different races it would be deleted. It feels as if ageism is the last permitted prejudice.Old people, just like young people and middle-aged people are not one homogenous group who think the same, do the same and have had the same life chances. We are individuals who will have all sorts of different life events, some good, some bad and some perhaps devastingly difficult. Nobody, not even the posters on here expressing some of the nastiest views are exempt from ageing and maybe they would do well to remember this.

CremeEggThief · 25/08/2023 17:03

HelpMeGetThrough, I don't care whether they need it or not, to be honest. They're legally entitled to it and it's £300, not 3 grand or 30 grand!

I'm a lot more angry about big companies that get away with not paying enough in taxes and making profits that they keep for themselves.

MidnightOnceMore · 25/08/2023 17:04

Judashascomeintosomemoney · 25/08/2023 16:57

Same here! I recently paid some missing NI contributions and it was only afterwards I thought I wonder why I bothered, doubt I’ll see any state pension by the time I’m of the age, probably should have put it in private pension instead 🤷‍♀️

Politically speaking, people vote in higher numbers as they age. Any party that proposed removing the state pension would not be elected.

Politically speaking, how do people foresee the state pension ending? Do they think pensioners will just be left to starve?

I don't understand how the population would tolerate it.

IClaudine · 25/08/2023 17:04

Lifeomars · 25/08/2023 17:01

I am old, I am finding reading some of the comments on this thread quite distressing. If some of posts on here were addressed at people of different races it would be deleted. It feels as if ageism is the last permitted prejudice.Old people, just like young people and middle-aged people are not one homogenous group who think the same, do the same and have had the same life chances. We are individuals who will have all sorts of different life events, some good, some bad and some perhaps devastingly difficult. Nobody, not even the posters on here expressing some of the nastiest views are exempt from ageing and maybe they would do well to remember this.

I agree. MNHQ does sweet FA about ageism. Mind you, it often does sweet FA about a lot of bigotry these days. I guess it makes for more activity on the site. I am sure it didn't used to be this bad.

tillylula · 25/08/2023 17:07

Some of them may put it aside in savings if they don't need it.

Lifeomars · 25/08/2023 17:08

loislovesstewie · 25/08/2023 15:39

GOD, a nastier tread I have never seen.

It's horrible, people really should read their comments back before they hit "post". I hate all this generalising "all pensioners are..." "all teenagers are..." and so on

BellaBellla · 25/08/2023 17:08

Lifeomars · 25/08/2023 17:01

I am old, I am finding reading some of the comments on this thread quite distressing. If some of posts on here were addressed at people of different races it would be deleted. It feels as if ageism is the last permitted prejudice.Old people, just like young people and middle-aged people are not one homogenous group who think the same, do the same and have had the same life chances. We are individuals who will have all sorts of different life events, some good, some bad and some perhaps devastingly difficult. Nobody, not even the posters on here expressing some of the nastiest views are exempt from ageing and maybe they would do well to remember this.

Well said.

loislovesstewie · 25/08/2023 17:08

@Lifeomars I agree , it's vile to read these comments. What I find so awful is that now I'm 67 I had hoped I could enjoy retirement. I had hoped lots of things would be affordable because I worked all my adult life, paid into my public sector pension scheme, worked full time even though I had children.
But it seems that I don't deserve any of that , I should,perhaps be in the workhouse ,living on charity.
BTW, I am still working, I care for 2 adults with disabilities.

Pottedpalm · 25/08/2023 17:09

fitzwilliamdarcy · 25/08/2023 13:27

My parents (£600k in the bank, state pensions and very generous occ pensions, retired at 55) get this. Last time they spent it on a luxury holiday.

It’s ridiculous OP but you’ll get shredded on here for pointing it out.

A luxury holiday? For £300??

IClaudine · 25/08/2023 17:10

Politically speaking, people vote in higher numbers as they age. Any party that proposed removing the state pension would not be elected

Exactly. All this guff about the SP not being around in a couple of decades or so is bollocks. Although going by this thread, if a party proposed abolishing it right now and sticking existing pensioners in the workhouse, quite a few non-pensioners would trip up in their haste to get to the ballot box.

WhenIWasAFieldMyself · 25/08/2023 17:10

Lifeomars · 25/08/2023 17:01

I am old, I am finding reading some of the comments on this thread quite distressing. If some of posts on here were addressed at people of different races it would be deleted. It feels as if ageism is the last permitted prejudice.Old people, just like young people and middle-aged people are not one homogenous group who think the same, do the same and have had the same life chances. We are individuals who will have all sorts of different life events, some good, some bad and some perhaps devastingly difficult. Nobody, not even the posters on here expressing some of the nastiest views are exempt from ageing and maybe they would do well to remember this.

Ageism on MN is, and always has been, the last -ism to go unchecked.
Posts did use to get deleted, but not anymore.

AnnieSnap · 25/08/2023 17:11

Be careful what you wish for. This will be your future state pension. Most pensioners are not wealthy and many, many more have mortgages than in the past. This coincides with the increase in divorces in mid life. The British State pension is the lowest of any in the wealthier countries, despite the UK being the 5th wealthiest economy in the world. You do realise that it is not ‘a benefit’. Workers must pay a specific amount in National Insurance over 30 plus years to be entitled to all but fewest of breadcrumbs! I’d love to hear your view if you had to live on it for even a few months!

Jamtartforme · 25/08/2023 17:14

AnnieSnap · 25/08/2023 17:11

Be careful what you wish for. This will be your future state pension. Most pensioners are not wealthy and many, many more have mortgages than in the past. This coincides with the increase in divorces in mid life. The British State pension is the lowest of any in the wealthier countries, despite the UK being the 5th wealthiest economy in the world. You do realise that it is not ‘a benefit’. Workers must pay a specific amount in National Insurance over 30 plus years to be entitled to all but fewest of breadcrumbs! I’d love to hear your view if you had to live on it for even a few months!

I wouldn’t call 10% ‘many many’. 90% of pensioners have no mortgage.

Jamtartforme · 25/08/2023 17:14

Oh and the U.K. is no longer wealthy. In part thanks to spending we cannot afford.

IClaudine · 25/08/2023 17:15

TheThinkingGoblin · 25/08/2023 16:56

Sure. Here is Spain:

Eligible qualifying years full pension = 37 years 9 months (this will be increasing to 38.5 years in 2027)

https://ec.europa.eu/social/main.jsp?catId=1129&langId=en&intPageId=4795

Social Security Payments (similar to NI)

Very hefty payments in Spain vs UK

6.45% employee (depends on contract)
30.45% employer (this is the largest difference)
1.50% variable (workers comp insurance)

These large employment taxes also cause problems as it makes it very expensive to hire people. Thats one of the drivers of the black economy in Spain (est. 20% of GDP).

https://taxsummaries.pwc.com/spain/individual/other-taxes

Thanks, will have a read.

TheThinkingGoblin · 25/08/2023 17:16

IClaudine · 25/08/2023 17:04

I agree. MNHQ does sweet FA about ageism. Mind you, it often does sweet FA about a lot of bigotry these days. I guess it makes for more activity on the site. I am sure it didn't used to be this bad.

Being "old" isn't a get out of jail for free card to ignore economic realities.

For the older folks here, I would highly suggest you look into what happened to the pensioners in Greece who voted themselves outsized benefits to the detriment of the country as a whole.

When hospitals are crumbling, school roofs are falling down, and more importantly (to Govt) you cannot properly fund an Army (defense) with the money that you have left, they will be taking a cleaver to those excessive pensioner payouts.

As an expert, I am telling you this because its a "when" and not an "if" scenario at this point in time if the current situation keeps on going in the UK.

Puffed · 25/08/2023 17:16

Fightyouforthatpie · 25/08/2023 14:45

How incredibly short sighted to think a sustainable income (including winter fuel payments) for pensioners doesn't also benefit society as a whole.
I am sick of these mean-spirited attacks on old people. No-one who is lucky enough to live to old age can help the fact that they are old, and for most their opportunities to make financial adjustments in response to changing economic conditions are limited. The rampant age-based hatred on MN is disgusting.

Its not ageist or age hating to think people shouldn’t qualify for something based on Simply age. I think things should either be for people of all ages or should be means tested.

How on earth does it benefit society for my wealthy pensioner relatives who can afford regular cruises and think nothing of opening a £20 bottle of wine on a standard week night evening in to receive an extra £300.

whereas of course there’s a huge benefit for someone living on state pension only to revive that money. I wish that it could be means tested so there would be even more for those people to have in payments.

Meanwhile I see my hardworking nhs colleagues of all ages struggle to pay their bills and their cars repairs needed for their community visits. Why on earth is my millionaire great aunt getting money over them?

Judashascomeintosomemoney · 25/08/2023 17:16

IClaudine · 25/08/2023 17:10

Politically speaking, people vote in higher numbers as they age. Any party that proposed removing the state pension would not be elected

Exactly. All this guff about the SP not being around in a couple of decades or so is bollocks. Although going by this thread, if a party proposed abolishing it right now and sticking existing pensioners in the workhouse, quite a few non-pensioners would trip up in their haste to get to the ballot box.

Well I imagine there’s also a large proportion of people on this thread who think over 70s shouldn’t be allowed to vote, cos you know, they’ll soon be dead. I seem to remember that being quite a popular opinion during the Brexit campaign amongst some quarters

Jamtartforme · 25/08/2023 17:17

Its not ageist or age hating to think people shouldn’t qualify for something based on Simply age

Quite, otherwise the fact other people are too young to qualify for it would also be ageist.

Dartsplayer · 25/08/2023 17:17

My mum said she doesn't need it so I said she can always give the equivalent to me 😂

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