COUNCIL PENSION WAS THREATED BY THE TORIES
... "Members of Britain’s biggest pension scheme fear Tory money-grabbers will put their retirement income at risk.
The local government workers’ schemes have 5.4 million members and funds valued at £213 billion.
Tories changed the rules three months ago to give Communities Secretary Sajid Javid unprecedented powers to decide how the money is invested.
The main responsibility of a pension fund is to ensure money is safe to benefit the elderly in retirement – yet critics say Mr Javid’s power to take over investment decisions puts that in danger.
“This is an appalling abuse of power,” said Shadow Communities Minister Kate Hollern."...
..."Now the issue will be decided by judicial review.
TORY GOVERNMENT TOOK MINEWORKERS' PENSION FUND
... " the Government has made £10billion from mineworkers’ pension funds.
In return for guaranteeing pensions, it has pocketed half of all surpluses since 1994. Now Labour says the Government has trousered enough and should give future profits to miners and widows.
WE ARE NOT AN AGEING SOCIETY - WE ALL AGE - LIFE IS 100 PER CENT FATAL UK DID NOT HAVE
A BABY BOOM 1950s - 1960s
The UK had a “post-war bulge”, not a baby boom:
The two World Wars were both followed by short sharp surges in live births soon after demobilisation of the men who had been conscripted to fight. The children born after the First World War in the 1920 surge were, as it turned out, destined to fight in the Second. Then, after victory in 1945, those who survived were able to return home to start their own families.
Thankfully, those who were born in that second 1946/1947 surge never had to be conscripted and were able to spread their family-building over a longer period, but nonetheless the concentration was enough to cause a further bump in the birth rate in the 1960s.
To underline this interpretation, ...charts show the numbers of men and women being demobilised from the Armed Forces in 1945 and 1946, and births in England and Wales in the final years of that decade.
That there was a lag of about three quarters (nine months) between demobilisation and maternal deliveries shouldn’t come as a surprise.
Nor should the drop in births in the last two quarters of 1945.
This reflected the lower number of young males present in the UK after
D Day in June 1944.
The UK experience was not the same as that of the United States which did have a sustained “baby boom”.
WHY £175 PER WEEK STATE PENSION IN PETITION?
WHICH MAGAZINE -
PENSIONER COUPLES NEED £18,000 A YEAR
(Research Which members February 2017)
Retired couples need £18,000 a year to cover household essentials – such as food, utilities, transport and housing costs –
rising to £26,000 allowing for extra treats, such as a short-haul holidays and some leisure activities. ...
The results come from a survey of more than 1,500 retired couples, who shared their spending behaviour with Which?.