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?.
ARE YOU A MAN OR WOMAN
AGED 66 to 100 PLUS?
My INCREASED STATE PENSION page
£175 per week state pension.
Admin INCREASED STATE PENSION
Welcome to join group INCREASED STATE PENSION: https://www.facebook.com/groups/512562602284757/
WHAT IS BEING ASKED?
- Upgrading state pension to £175 for all pensioner ages
with full National Insurance record.reducing back down to 30 years NI history instead of 35 as now.
- Added within WHY IS THIS IMPORTANT box of PETITION,
the MARRIED COUPLE'S RATE being increased
from 60 to 70 per cent
for the partner without the full National Insurance record.
- increasing from 2 to 3 per cent worker National Insurance contributions on the rich earning £80,000 and above, on all further salary.
- the boss pays more on worker with £80,000 salary, by
increased employer National Insurance contributions
up from 13.8 per cent now to 14.8 per cent.
The highest salaried live the longest of us all, on average, so that is fairest. Or the obvious you live twice as long
with £10,000 a year in old age,
than with £4,000 a year.
WHY NOT ADDRESSED TO CURRENT TORY GOVERNMENT?
Simply the Tories have stopped listening about anything.
Jeremy Corbyn's brand of Labour has been the only UK governments that have increased state pension money and the terms for men and women. Beyond that, polls show potential for a 2nd general election next Spring and Labour on course to win.
You don’t have to be a Labour voter to sign my petition, of course.
Labour is for pensioners who need social care, now or in the future, as it would be fully funded and merged within the NHS, only created by Labour in the first place.
THE RICH PAID LEAST
AS PERCENTAGE OF THEIR MONEY
INTO THE NATIONAL INSURANCE FUND
WHEN THEY LIVE 25 YEARS LONGER, ON AVERAGE, THAN THE REST OF US
Til 2010 the rich paid only 1 per cent worker National Insurance deductions above the maximum threshold, that was from the very top of the best wages (at least £40,000 and above). This rose to 2 per cent from tax year 2011-2012. My petition asks for that to rise to 3 per cent worker NI deductions from another threshold of £80,000 salary and on all further salary.
The bosses paid employer National Insurance of 12.8 per cent til tax year 2011-2012 when that was increased to 13.8 per cent on each worker (nothing to do with workers' wages). My petition, within the WHY THIS IS IMPORTANT box asks for that to rise to 14.8 per cent paid by bosses on their workers earning £80,000 and on all further salary.
However old you work, your boss still pays employer National Insurance.
LABOUR MANIFESTO – PENSIONER ISSUES
Chapter 5 - DIGNITY FOR PENSIONERS – page 54
Labour will always be on the side of pensioners and help ensure security and dignity for older people in retirement.
(Tories will end triple lock and means test
Winter Fuel Allowance so ending it for up to
10 million of the 12 million pensioners).
- guarantee the state pension ‘triple lock’ throughout the next Parliament. It will rise by at least 2.5 per cent a year or be increased to keep pace with inflation or earnings, whichever is higher.
- WINTER FUEL ALLOWANCE – BUS PASS
-The Winter Fuel Allowance and
-free bus passes will also be guaranteed
-as universal benefits.
BRIT EXPAT PENSIONS
Labour will protect the pensions of UK citizens
living overseas in the EU or further afield.