Online Parliamentary Information Yearbook: One further point the pensions industry was lambasted for telling people to opt out of SERPS and S2P and in many cases were told to pay compensation for misselling. Will these companies now be able to claim the monies paid out from the Government. I think not, or will I be able to claim money from the Government for running a Ponsi scheme under the name of National Insurance. No I will just have to work until I drop
Online Parliamentary Information Yearbook: It is all well and good running a campaign to say hands off our pensions when high earners will lose £1,000 per year. However, I heard no redress for people born between 1955 and 1960 who have seen their pensions disappear for between 2 and 7 years. My understanding that the delay in pension payment is not that there is not enough funds to pay pensions now but for the generation who are just starting work. Alot of people in that bracket will have paid into the system for over 50 years. Where was the justice for a large swathe of the population? Not a word. I suspect because the baby boomers have their pensions and the young generation have thrown in the towel and expect the state to provide
Other questions answers at parliamentary information office.
Online Parliamentary Information Yearbook: It is all well and good running a campaign to say hands off our pensions when high earners will lose £1,000 per year. However, I heard no redress for people born between 1955 and 1960 who have seen their pensions disappear for between 2 and 7 years. My understanding that the delay in pension payment is not that there is not enough funds to pay pensions now but for the generation who are just starting work. Alot of people in that bracket will have paid into the system for over 50 years. Where was the justice for a large swathe of the population? Not a word. I suspect because the baby boomers have their pensions and the young generation have thrown in the towel and expect the state to provide
Other questions answers at parliamentary information office.
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