12 hours ago, kingdong said:

Naw the nhs got that,sorry you backed the wrong horse but we,'re leaving the eu,sorry if your pension is subsidised by them.

Well the NHS is going to see about as much of that as will Pensions.

It happens even to "the best"....

 

[The world's best pension system is being pushed to the brink]

[An extended period of negative or record low interest rates has put huge pressure on pension funds in the Netherlands, forcing them to alert retirees that their incomes could be cut.]

 

https://edition.cnn.com/2019/11/21/investing/pensions-crisis-negative-rates/index.html

 

1 hour ago, Berkshire said:

It happens even to "the best"....

 

[The world's best pension system is being pushed to the brink]

[An extended period of negative or record low interest rates has put huge pressure on pension funds in the Netherlands, forcing them to alert retirees that their incomes could be cut.]

 

https://edition.cnn.com/2019/11/21/investing/pensions-crisis-negative-rates/index.html

 

That part is about private pensions. I have said it earlier already, these articles can be very confusing since in many countries public and private pensions are combined.

 

Also, these regulations are meant to keep the system sustainable, and a possible cut does not affect many people.

Edited November 25, 20196 yr by stevenl

1 hour ago, Berkshire said:

It happens even to "the best"....

 

[The world's best pension system is being pushed to the brink]

[An extended period of negative or record low interest rates has put huge pressure on pension funds in the Netherlands, forcing them to alert retirees that their incomes could be cut.]

 

https://edition.cnn.com/2019/11/21/investing/pensions-crisis-negative-rates/index.html

 

Yet another harbinger of things to come globally??

On 10/31/2019 at 9:58 AM, Cryingdick said:

I do have a question... for the Brits if you are married and live abroad does your wife get some of the pension after you pass?

Yes, and my son if he's under 19 years old.

Edited November 25, 20196 yr by BritManToo

US social security won't be around for anyone under 35

14 minutes ago, sukhumvitneon said:

US social security won't be around for anyone under 35

Nonsense. Even if the reserve funds dry up, about 79% of the benefits would still be paid. What's more the problem is easily fixed. Just remove the taxable ceiling on salaries. There's no way a program as popular as Social Security is going to be allowed to fail.

"Even if Congress does nothing to shore up the system by 2034, Social Security will be able to pay out 79 percent of promised benefits until 2090. The last time Social Security nearly depleted its reserves was in the early 1980s, when Congress shored up the program by gradually increasing the full retirement age from 65 to 67 and started to tax benefits based on income levels."

https://www.aarp.org/retirement/social-security/info-2016/debunking-six-more-myths-about-social-security.html