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Originally Posted by Acrylic-bob
anything she earned over £5.00 per week would be deducted, pound for pound, from her top up.
I think that it is about time that the whole pensions system was overhauled.
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That's Income Support rules, not State Pension rules.
There is a major overhaul due in the near future, as they are going to be making major changes to the pensions examination, apparently (something I will be taking some time in the next 3-4 years).
I have found though that people who actually put something away for their retirement are/were comfortably off compared to those that didn't.
I am expecting a reply like 'can't afford it', but once you actually start putting something away, you don't notice it after a while. To begin with it may be hard, but with increases in salary (even the smallest ones) it does get easier.
If you don't have the foresight to start saving for your retirement, then I am sorry, but that's your lookout. People should stop relying on the state for handouts and make their own provision. I for one don't expect to receive a state pension when I retire, in some 30-odd years' time.
And yes, I do sympathise with those people who have lost their pension funds due to mismanagement/theft, etc, and the authorities should do something to try and get the money back, but everyone knows that the people who should be regulating this have no teeth where it really matters.
Hard hat on...