Plans for a new flat-rate state pension and a system to automatically raise the pension age have been published. Under government proposals, the existing means-tested arrangements would be replaced for new, but not existing, pensioners.
The current full state pension is £97.65 a week, but can be topped up to £132.60 with pension credit. This could be replaced by a new £140 flat rate, with inflation expected to push this up to £155 by 2015 or 2016.
A second, less radical option would see a set amount of state second pension paid for each qualifying year of National Insurance contributions.
No set date for implementation has been revealed.
The plans are aimed at simplifying the system, and encouraging people to save for their retirement by knowing exactly what they would get from the state.
#1
The plans are aimed at simplifying the system, and encouraging people to save for their retirement by knowing exactly what they would get from the state.
#2
Ah, yes the California model where bright Asian [Japanese-Chinese-Korean-Vietnamese] females with high scores and merit are passed over for underachieving 'victim' class applicants. Punish merit, reward special interests. Always a sound political approach to minimize future productivity and wealth.
#3
In that part of a prestigious English university degree is to learn the "school accent", I wonder how long it will be before the Oxbridge accent is reduced in stature, to say,
Cockney or Liverpool?
A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.
Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.
