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ARTICLE SUMMARY

After 100 years the pension reaches old age

IT HAS been described as the most momentous date in British social history, the day on which the modern welfare state was born.

RETIREMENT PENSION

02.07.08, 12:26pm

I read your article with interest. My husband and I have worked all our lives paying the full national insurance contributions.

We also paid extra into our pensions while working, meaning we bith get slightly more than the basic state pension. Neither of us get a good company pension ( about £1000 a year between us). I will be 64 this month and my husband is 71.

Today on the news we heard that an "average" single person should earn a minimum of £13,000 a year.
We barely get that between us.

The state pension should at least be earnings related after all we have all worked hard and paid taxes all these years ( and are still paying them).
Our company pensions although tiny are still taxed at 20%.

We are fortunate to be fit and healthy and have a garden where we grow salad and vegetable crops and are not afraid to work hard educating ourselves in new technology to help top up our pensions.

• Posted by: healthybabsReport Comment

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