UK State Pension Classed as a Benefit

[Eddie45]

The UK State Pension is classed as a benefit now. Is it only a matter of time before you will be means tested and anyone with over X amount of savings/investments is not entitled to the UK State Pension.

[Doctor Tom]

Rubbish

[soi3eddie]

 

Yes, it is classed as a benefit. Yes, at some point in the future, receiving the state pension will be means tested. The questions are:

1) When?

2) Under what criteria?

It is NOT rubbish! The country is broke. Funds for pensions will run out. 

After paying in for 38 years already (and no end in sight), I, and many will be angry if a UK government does this. 

 

Watch the videos below for a warning of what may happen and why....

 

 

 

 

[Eddie45]

Just read this article on the matter.

 

 

https://www.msn.com/en-gb/money/other/fury-at-threat-to-means-test-state-pension-how-long-have-mps-been-planning-this/ar-BB1q9L89

[CharlieKo]

  On 7/18/2024 at 9:25 AM, Eddie45 said:

Just read this article on the matter.

 

 

https://www.msn.com/en-gb/money/other/fury-at-threat-to-means-test-state-pension-how-long-have-mps-been-planning-this/ar-BB1q9L89

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The Express is a BS rag. Using scare tactics against the Labour party. As they the DE support the Tories. Any government that means tests the state pension would lose the next election. It isn't going to happen.

 

Besides people now coming into the work force are required, and have been required for some time to have a private or company pension. So yes the state pension may disappear one day. But not while the government are required to give those entitled to the state pension, their pension!  

[topt]

  On 7/18/2024 at 9:35 AM, CharlieKo said:

Any government that means tests the state pension would lose the next election. It isn't going to happen.

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Even further down the article itself tends to poo poo the idea. 

There has been lots of talk about how to reduce the cost but this just seems to be someone flying kites.......

[CharlieKo]

  On 7/18/2024 at 1:50 PM, topt said:

Even further down the article itself tends to poo poo the idea. 

There has been lots of talk about how to reduce the cost but this just seems to be someone flying kites.......

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Indeed. The DE is just a gossip mongering rag. They don't do real news.

[proton]

  On 7/18/2024 at 2:22 PM, CharlieKo said:

Indeed. The DE is just a gossip mongering rag. They don't do real news.

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People said giving government agencies the right to look into our bank accounts without a court order was nonsense, but they passed that law this year. Why would they need to do that if not needing to check on wealth in reference to benefits? No benefits are paid if you have over 16k in savings, would not be surprised if they pegged pensions if you have over 100k. 

[CharlieKo]

  On 7/19/2024 at 1:44 AM, proton said:

 

People said giving government agencies the right to look into our bank accounts without a court order was nonsense, but they passed that law this year. Why would they need to do that if not needing to check on wealth in reference to benefits? No benefits are paid if you have over 16k in savings, would not be surprised if they pegged pensions if you have over 100k. 

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That could have something to do with money laundering or potential fraud. As I mentioned in another post. Any government that tried to means test the state pension would lose the next election as pensioners are one of the biggest voting blocks in the UK. Even the DE admit it isn't likely to happen. It is just scare tactics from the Sh...te DE who are anti Labour.

 

The DE have a history of scare mongering, because they know their idiot readers swallow that crap hook line and sinker!

 

But, you believe what you like. Grumpy old men will always look for something to be negative about.