Update: it’s time to future-proof pensions

Women who did not get their State Pension at age 60 and had to wrongly wait over 2 years because of the vindictiveness of the unelected Conservative incompetent government, should get what was lost backdated. The EU has got away with stealing billions of Sterling whilst women who have worked all their lives have been short changed and this must be rectified. Nothing is done about fraud committed by the EU criminals, they are allowed to do as they please and get away with it because they are all part of the Freemason Cult. All we get is mind games from the government about Brexit because the EU are toxic parasites addicted to easy money that they have no entitlement to whatsoever.

So women born in the 50’s Had to work for a percentage of the pay of their male counterparts…still do. We’re and are and we’re the main providers of emotional, physical and practical care for our children. We now face being penalised yet again by having our dignity and pensions robbed from us. It’s callous and inhuman, women are living in poverty having worked and paid for their pensions all their lives, some so hard hit they choose suicide. Disgusting politicians.

I work as a temp and therefore have breaks in my employment as one assignment ends and another hopefully begins, this results in very patchy workplace pension contributions, especially since enrolment begins only after 3 months continuous employment. The company providing the scheme that I have been enrolled into (without notice and with no investment details) was extremely late with their introduction letter, so I had no idea where the contributions were going. There is a discrepancy between contributions which my payslips show to have been paid, and their record of my enrolment with them. My employer of the time, usually very helpful and knowledgeable, seemed clueless as to how to put this right and felt it was my responsibility to do the chasing. I had be advised to the contrary. The pension provider have not sent any statements possibly because their records probably show there is no need. So now I am tasked with the choice of expensive, time consuming phone calls, or a letter or letters of enquiry, which judging by past behaviours, are unlikely to be answered. I feel that I am paying into a black-hole. that, by its nature, will not give back. So who is to be answerable for this potential theft. My guess is, not that super massive black hole that came up with the idea of this wondrous aid to my postponed retirement. Never-the-less the fight for my teeny tiny pension fund begins…Wish me luck, watch your pay-slips and keep them safe.

I lost out as had to work 2.5 years longer than planned but also because I get pension at old rate and not the new one. This leaves millions of us on lower incomes than our counterparts who are younger. This huge discrepancy does not seem to get mentioned but is one of pensioner poverty in the more elderly.

The New State Pension – Suddenly you have a basic state pension and then depending on whether you have 35 years full paid stamp you will get a Full state pension. Now very few people will get a full state pension because the company you worked for got a tax benefit of taking you out of the Fully Paid up stamp. How many people understood this would get them a reduced state pension ? Before 2016 you needed 30 years full paid stamp now you need an additional 5 years.
Are we getting what we signed up for ?
Day Light Robbery and it’s getting worse.