Quote:
Originally Posted by Niamh.
I'd imagine the older generation will have paid their pensions by working their whole lives?
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I think how it works though is, the money the older generation paid in, went to pay out the pensions of the people before them. So the older generation will have paid their dues, but its actually the younger generation who will be paying their pensions.
Meanwhile the younger generation is currently paying the older generations pensions, and state pension will probably be abolished by the time they are old enough to get it (or the pension age will be 100 so next to noone will get it, one of the two) so they will be paying in, but getting nothing back.
Thats my understanding of the ****ed up system anyway. I may well be wrong.
Either way the rampant ageism on this forum and elsewhere is quite disgusting. Ageism (and misogyny) seems to be the only form of prejudice thats classed as widely acceptable, and even desirable in some cases
