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Old 25-06-2015, 11:37   #1587
Hugh
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Re: The state benefits system mega-thread. Many merged.

Regarding pensions - at the moment, I will be receiving my state pension when I am 66 years and 8 months old (according to the Government website), by which time I will have worked (with a six month gap when I was redundant) for 49 years.

Last year I paid nearly £20k in tax (which I have no issue with), and over £4k in NI contributions.

I have contributed to a couple (probably six) pension schemes, and have worked out my total pension, including state pension, will be taxed by the equivalent of the state pension amount.

So if because I have been prudent and put money into pension funds for my retirement (and I will be taxed on these as income), are people seriously suggesting I shouldn't get the state pension?
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