Quote:
Originally Posted by Maggy
I paid in for my mother and my other elderly relatives. It's called paying forwards and eventually your offspring will be paying forward if we don't go daft and return to the system that was available before the advent of the NHS ect.Not sure I care to return to the days of the poorhouse or people dying in pain because they had no money to pay for healthcare.
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Pretty much as I've always understood it Maggy.
Basically, what we pay while of working age is used to fund those who are retired, when we then retire, our pension etc is funded by those who come after us.
One of the arguments going around is that people are living longer so more money is needed, however this *should* be offset by the amount of people working compared to, say, 1950 for example . . but the NHS was well run back then though
