Frozen British Pensions

[ianh68]

Page 76 of the Labour Manifesto says "We will ensure that the pensions of UK citizens living overseas will rise in line with pensions in Britain". This is good news for those who are yet to retire. For those already retired the base line will be what the pension is now rather than what it should be had it been uprated since the date of retirement. That won't please those who have been on frozen pensions for many years but at least it is a start.

[metisdead]

Moving to the Home Country Forum. 

[fishtank]

Yes.

We can only hope that they get elected.

Not looking too good though.

For some bizarre reason the Brits seem to prefer the serial liar against the decent man.

[DannyCarlton]

2 hours ago, ianh68 said:

For those already retired the base line will be what the pension is now rather than what it should be had it been uprated since the date of retirement.

Not sure that that's true.

[vogie]

Yes, vote for the everything is free party, a four day week, free broadband, only today Labour anounced that it would cut a third off rail travel. Remember folks this is a once in a life time opportunity, it doesn't have to be paid for, it is all free. Labour will plant 2 billion trees, everything is free under Labour, you'd be a fool not to vote Labour and they're coming to take me away ha ha hee hee, to the funny farm where life is beautiful all the time...................

[kingdong]

30 minutes ago, vogie said:

Yes, vote for the everything is free party, a four day week, free broadband, only today Labour anounced that it would cut a third off rail travel. Remember folks this is a once in a life time opportunity, it doesn't have to be paid for, it is all free. Labour will plant 2 billion trees, everything is free under Labour, you'd be a fool not to vote Labour and they're coming to take me away ha ha hee hee, to the funny farm where life is beautiful all the time...................

Right on,all they,ve got to do is print some more money..................

[worgeordie]

It's sort of a promise, then when Labour (if they win),try to find

all the money they need for all their other promises,it will be

put on hold.we seem to be the forgotten ones.

regards worgeordie

[FritsSikkink]

like a pre manifesto will actually happen after your vote. 

[oldhippy]

I just can not believe this is true!!!!!!

 

British pensions are not only sub standard but also frozen for emigrants???

If other European countries can afford decent pensions, why not the UK?

 

Time for a revolution, not led by that softy Corbyn, but by a real left winger.

 

[oldhippy]

2 hours ago, kingdong said:

Right on,all they,ve got to do is print some more money..................

So you think that bringing UK pensions up to European standards is not a priority - and that would not only mean defrosting pensions, but raising them substantially ?  The UK cannot afford such a thing?

In that case, vote conservative or Farage and remain a century behind Europe.

 

[champers]

Any increase could be gobbled up by higher income tax payments required to pay for promises being kept.

[kingdong]

1 hour ago, oldhippy said:

So you think that bringing UK pensions up to European standards is not a priority - and that would not only mean defrosting pensions, but raising them substantially ?  The UK cannot afford such a thing?

In that case, vote conservative or Farage and remain a century behind Europe.

 

Worry about yourself,when I want your advice i,'ll ask for it.think your beloved Europe's going to last when we leave?dream on.

[kingdong]

2 hours ago, oldhippy said:

I just can not believe this is true!!!!!!

 

British pensions are not only sub standard but also frozen for emigrants???

If other European countries can afford decent pensions, why not the UK?

 

Time for a revolution, not led by that softy Corbyn, but by a real left winger.

 

Like you?

[shy coconut]

4 hours ago, kingdong said:

Right on,all they,ve got to do is print some more money..................

I hope they don't get neernams immigration office to print it, have you

seen what they charge? ????

[oldhippy]

8 minutes ago, kingdong said:

Worry about yourself,when I want your advice i,'ll ask for it.think your beloved Europe's going to last when we leave?dream on.

You?didn,t answer m',y ques',tion"did.'you?

[jastheace]

4 hours ago, kingdong said:

Right on,all they,ve got to do is print some more money..................

yep, done that before, remind us what happens to exchange rates when a country does that.

[oldhippy]

Isn't it strange that Europe can afford to pay decent pensions, while the UK can not?

 

I will translate this for Kingdong.

 

Is'n,t !it stra"nge that EU',rope ca.n af"ford to pa'y dec?ent pensio..ns,'while the U"K cann 'ot?

 

 

[kingdong]

23 minutes ago, oldhippy said:

You?didn,t answer m',y ques',tion"did.'you?

Try sorting out your punctuation,no because it was a troll post 

[kingdong]

29 minutes ago, jastheace said:

yep, done that before, remind us what happens to exchange rates when a country does that.

You get 75 baht =£1

[oldhippy]

8 minutes ago, kingdong said:

You get 75 baht =£1

You need to rethink that one.

555

[jastheace]

15 minutes ago, kingdong said:

You get 75 baht =£1

try again. clue- currency becomes worthless/ worth less.

foreign currency investors not keen to buy £ in case more money is 'printed'.

inflation takes hold also. wage demands increase for payrises to cover inflation. more money printed. any brits remember the early 70's?

a certain political party 'printed' money.

joining the then EEC was a way to slow the spiral.

Edited December 2, 2019 by jastheace

[kingdong]

1 minute ago, jastheace said:

try again. clue- currency becomes worthless/ worth less.

foreign currency investors not keen to buy £ in case more money is 'printed'.

inflation takes hold also. wage demands increase for payrises to cover inflation. more money printed. any brits remember the early 70's?

a certain political party 'printed' money.

You don,t say.....   

[jastheace]

2 minutes ago, kingdong said:

You don,t say.....   

I do.

so how many baht for £1 ?

 

[oldhippy]

Just now, jastheace said:

I do.

so how many baht for £1 ?

 

Please!

Economics is not really Kingdong's forte.

Neither is punctuation.

Hooliganism however.....

[jastheace]

2 minutes ago, oldhippy said:

Please!

Economics is not really Kingdong's forte.

Neither is punctuation.

Hooliganism however.....

I,'kinda';,gathered,.that(

[scubascuba3]

The thing is Corbyn would kill the stock market and value of pound so any pension increase will be quickly lost. Let's all pray Labour don't get in. Personally i think he has no chance

[spoon1967]

10 hours ago, fishtank said:

Yes.

We can only hope that they get elected.

Not looking too good though.

For some bizarre reason the Brits seem to prefer the serial liar against the decent man.

Let's hope they don't. Decent man? Please elaborate.

[peterb17]

There have been many warnings that there will be a run on the pound if Labour manage to get in. 
And maybe a return to currency controls - I remember the days when you could only take £50 spending money abroad on holiday ! 

So as already pointed out- the pension increase will be easily wiped out 

[saengd]

"For those already retired the base line will be what the pension is now rather than what it should be had it been uprated since the date of retirement".

 

.....is the wrong answer, the opposite is true.

[IvorBiggun2]

14 minutes ago, peterb17 said:

I remember the days when you could only take £50 spending money abroad on holiday ! 

 

And inflation was about 25% under Jim Callahan (Labour)