£610 a week pension demand is insane

[Thisismyfinesthour]

Just read that there is an online petition doing the rounds for a £610 a WEEK pension demand to the government.
WTAF? Is the heat melting some peoples brains? It seems over 5000 have signed it.
Where do they think the money is coming from?

Universal credit is £424.90pcm for a single adult, £303.94pcm for each child. Which is £167.62 per week for a single parent with one child. Plus child benefit of £27.05pw. You're right, they wouldn't be bringing up children on £241pw, they're bringing them up on less!

Now, I haven't included housing benefit, but a low income pensioner is equally eligible for help with their housing costs.

NS&I accounts? Was someone forcing you to spend every penny you earned and not save for retirement?

NS&I accounts? Was someone forcing you to spend every penny you earned and not save for retirement?

NS&I accounts? Was someone forcing you to spend every penny you earned and not save for retirement?

NS&I accounts? Was someone forcing you to spend every penny you earned and not save for retirement?

NS&I accounts? Was someone forcing you to spend every penny you earned and not save for retirement?

NS&I accounts? Was someone forcing you to spend every penny you earned and not save for retirement?

The government puts in just as much to pensions in this country as they do in other European countries.

And you receive a state pension that wildly exceeds the money that you put into it. And yet you want more.

Apologies for the repeated posting!

@Backwardsbinn such a good point you made it 6 times! But you're right. We're acting as if a pension is the only savings mechanism ever available.

NS&I, investment portfolios, life insurance arrangements such as endowments, property, and good old bank accounts were all open to people.

Do you think that’s any different now? People still have to pay life insurance, pensions etc and save for old age when dealing with £1500pcm childcare costs, £1000+rent and £300 council tax. Yet now they won’t get state pension until 68+

Well if one is still working in a couple they aren't living off a state pension are they. T

So my £195 was right then that someone shouted me down about

So, can anyone make a compelling case why £610 per week (triple locked?) is a reasonable state pension given the current tax burden, is reasonable, proportionate and appropriate? Or are we just going to hear "back in my day" stories about outside toilets, excuses as to why they didn't/couldn't save for their retirement, and denial of the economic circumstances those being asked to pay this, find themselves in? Can anyone arrive at a fair figure?

Nobody shouted you down. I disagreed with you and my figures are correct if the child in question is over nine.

There is still council tax to pay. So take £50 off the £200. So £150. Take off gas and electricity. Say another £50. So £100. Life insurance. Say £8. So £96. Tv licence £4. So £92. House insurance. Say £8. So £86. Food, toiletries, cleaning stuff. Say £50 being frugal. £36. Phone. Say a fiver £31.

£31 per week disposable income to pay for the imaginary cruises and lunches and dinners out.

Life of reilly. Hopefully they don’t have a car .

I have never stated anywhere within this thread that I want more!!!
I’ve defended the receipt of a pension by those over state pension age, and that alone!
Plus I’ve tried to destroy the notion that all pensioners are well off!
And basically, if you’re young and hard up, look at what you could do without rather than perpetuating the belief that we’re robbing you!

£50 a week on gas and electric?? Wtf. Mines about £60 a month. And that council tax is high also. Besides if that is only income then you can get council tax reduction as well in the majority of councils. I had a look on the benefits calculator and with the £240 pension ( that's above what you need for pension credit) a good chunk of council tax is covered

Many working people can't pay for cruises and dinners out either

Where did I say the child had to be over 9??? So you are incorrect at least half the time then. Most parents with a kid that age would be working..

So are you. 🤷‍♀️

This suggests to me that you have quite an expensive house.

My council tax is £39 per week and our energy bill is under £20 per week averaged out over the year.

My phone bill is also less than £2 per week.

There are so many ways in which we are sacrificing our young people for older generations. This petition is a bizarre level of entitlement.

It's been put out by a dickhead with less than 10000 signatures. Calm down. Nobody with any sense is taking it seriously.

I get zero council tax reduction and my gas and electricity are about £50 per week I’d averaged over the year. Less in summer . more in winter. Council tax £200 per month. This includes water rates.