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Old 16-02-2016, 12:09 PM #1
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Originally Posted by DemolitionRed View Post
Again, this is hitting the poorest, the ones who only collect a state pension and for those who are about to retire, if they don't do so before this new flat rate pension starts in April, then they will be getting considerably less than those who are already retired.

What is this government thinking?
Pension now is just over £119 a week, going up to £155 in April for new claimants only, now I know it depends on if you have the full contributions and that it has gone back to 35 years from 30 again, but I think most newly retired will be better off.
Isn't it all to do with them changing the retirement age, the extra money meant to make up for having to wait longer for it?
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Old 16-02-2016, 10:50 PM #2
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Pension now is just over £119 a week, going up to £155 in April for new claimants only, now I know it depends on if you have the full contributions and that it has gone back to 35 years from 30 again, but I think most newly retired will be better off.
Isn't it all to do with them changing the retirement age, the extra money meant to make up for having to wait longer for it?
But if sheltered housing rent is to be brought in line with private rentals for new tenants. Those tenants who need housing benefit help are going to be expected to fork out much higher rentals, which they will have to subsidise with their pensions.

At least that's my understanding from the bits I've read. Hopefully someone will tell me I'm mistaken about this.
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