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Originally Posted by Kursk
I don't know. Do you?
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So if you don't know why don't you begrudge them 'a little bit extra'? Does everyone in that case deserve a little bit extra given you can't say whether or not they've, for want of a better phrase, paid their way and received benefits that the current workforce may or may not have? Do they deserve these benefits on account of miraculously reaching 80% of the average lifespan in the UK now?
Quote:
Originally Posted by Kursk
Where does this 'bizarre view' come from? It's not been mentioned here.
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You said that they pay/paid into the system. I would've thought that'd mean that the current generation of retirees somehow universally paid more into the 'system' than they took out else they wouldn't really have paid into the system.
Just FYI they didn't. The current workforce is paying higher taxes in order to correct a massive underinvestment in the country as a whole by the current retiree and near-retiree cohort, having subsidised that cohort heavily in other ways but hey what are facts when we're dealing with our poor, impoverished pensioners?
Quote:
Originally Posted by Kursk
But that is a repeating circumstance. Who knows what special deal will be available to you in your retirement? No doubt you're currently receiving a benefit that a pensioner does not qualify for.
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I'm more than happy to open up my entire tax affairs, so if you could show me a benefit I receive that a pensioner does not qualify for that'd be appreciated.
Child benefit? Nope - it's no longer universal and I'm not entitled. Tax credits? Nope. Anything else come to mind?
If you'd be good enough to point out a benefit I receive that a pensioner doesn't qualify for that'd be awesome. Good luck with it, mind you, as I'm quite deep into that 40% who do actually pay their way.
Yes, believe it or not some of them are the younger generations, not retirees who apparently, miraculously, paid so much into the system while working that everything they receive in retirement is what they've paid for with no subsidy from today's workforce required.
The single largest reason for the mass immigration during the Labour years is to pay the bills for the current and upcoming cohort of retirees because the politicians of that era ****ed away their one-off windfalls and left the younger generations a massive bill to make up for a lack of investment in infrastructure and a resultant big productivity gap, ignoring the huge healthcare costs said generation will inevitably incur when they near the end of their lives.
Call me cynical but I think older generations have quite enough. Our welfare state is a pile of pap in many ways, it shouldn't be slightly less pap for one group because they vote more. When you think about it that's nothing more than these bonds are - wealthy, or apparently not so wealthy given the bonds look like being oversubscribed, OAP welfare.