Originally posted by AtW
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Originally posted by minestrone View PostThat would be an administrative nightmare above the ability of this country and also it is impossible to prove that you will be able to support yourself in 30 years and therefore should be exempt from pension/social security taxes in the present.
The prove you can support yourself can be easy - private pension contributions or salary above certain level: this can be verified by looking at amount of tax paid.
Isn't mean testing support to deny support to those who have too much money left in the bank? Well, then those people should have right to opt out from NI payments.Comment
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Originally posted by AtW View PostIt's easy to administer such things online - of course it's not possible if contracts are awarded to EDS and enture.
The prove you can support yourself can be easy - private pension contributions or salary above certain level: this can be verified by looking at amount of tax paid.
Isn't mean testing support to deny support to those who have too much money left in the bank? Well, then those people should have right to opt out from NI payments.Comment
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Originally posted by minestrone View PostSure I pay a pension for 40 years and can prove that I am paying in, then the day before I retire the pension company goes bust or all my offhore funds drop 90% in one day.
Originally posted by minestrone View PostI turn up and ask for a state pension and get told to bugger off so then a 65 year old is living on the streets. It just won't work.Comment
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Originally posted by AtW View PostThere should be an option to pay into BoE account, that can also be nominated in multiple currencies to protect onself against devaluation.Comment
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Originally posted by minestrone View PostYou are starting to prove my point about an adminstrative nightmare.
Of course that's not going to happen because "the rich" essentially subsidise social security for "the poor".Comment
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Originally posted by AtW View PostThere should be an option to pay into BoE account, that can also be nominated in multiple currencies to protect onself against devaluation.How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.
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Originally posted by HairyArsedBloke View PostSounds like currency speculation to me.
Speculation would have been if you used your savings or pension to move them between multiple currencies in a hope to make more money in the process.Comment
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