[BITList] Another view from some pensioner in the UK.

[John Feltham]

Medical science is helping mankind live longer but it seems that we should feel guilty for being a drain on society
                 for taking our pension that we've paid for.

 
                         Just to cheer you up......how did a pension we all paid into suddenly become a benefit ?????
                         Worth some thought - where did all the money go????

 
                         IT MAKES YOU THINK !

 
                         PLEASE PASS THIS AROUND, UNTIL EVERY ONE HAS HAD THE  OPPORTUNITY TO READ IT...
                         THIS IS SURELY SOMETHING WE ALL NEED TO  THINK ABOUT !!!!

 
                         THE ONLY THING WRONG WITH THE GOVERNMENT'S CALCULATION OF AVAILABLE PENSION IS THAT THEY FORGOT TO FIGURE IN ALL THE PEOPLE WHO DIED BEFORE
THEY EVER COLLECTED  THEIR OLD AGE PENSIONS.

 
                         WHERE DID ALL THAT MONEY GO ?

 
                         Remember, not only did you and I contribute to our Pension, our employer did, too.
                            It totalled 15% of your income before taxes.

                         If you averaged only £15,000 over your working life, that's close to £220,500.
                         Read that again!
                         
                         Did you see anywhere that the Government paid in one single penny ?

                         We are talking about the money you and your employer put in a Government bank to
                         ensure that you and I would have a retirement pension from the money we put in
                         , it was not money that the Government had any right to spend elsewhere.

 
                         Now they've started to call the money we paid in an 'entitlement' when we reach the age to take it back.

                         If you calculate the future invested value of £2500 per year (yours & your employer's  contribution) at a                                simple 5% interest (that's less than what the government pays on the money that it borrows from overseas),                         after 49 years of working you'd have £892,919.98.

 
                         If you took out only 3% per year, you'd receive £26,787.60 per year and it would last 
                         better than 30 years (that means until you're 95  if you retire at age 65) and that's with no interest paid on                          that final amount on deposit!
                         
                         If you bought an annuity with the money and it paid 4% per year, you'd have a
                         lifetime income of £1976.40 per month.

 
THE CROOKS IN GOVERNMENT HAVE PULLED OFF A BIGGER ROBBERY
 THAN THE GREAT TRAIN ROBBERS EVER DID.

 
                        Entitlement!
                         My foot!  IT'S MY MONEY!  I paid IN cash for my pension.

 
                         Just because they borrowed our money to spend on other things, that doesn't make my
                          pension some kind of charity or hand-out!!

 
                         Remember MP's benefits ? --- 

                                            free healthcare, 
                                            outrageous retirement packages, 
                                            67 days paid holidays, 
                                           
                                            unlimited paid sick days. 

                            Now that really should be called welfare entitlements,
 
                           yet they have the nerve to call my O A P retirement payments entitlements?
                         We're "broke" and the government can't help our own OAPs, our ex-service personnel, 
                          our orphans or our homeless.
                         Yet in the past few years we have provided aid to Africa, Haiti, Chile, Turkey, India, Pakistan,  etc., etc.,
                            Oh yes! and China
                         
                         Literally, BILLIONS of Pounds!!!
                                                   

                         And we can't help our own citizens!

 
                         Our retired seniors living on a 'fixed old age pension have to beg social services to receive additional aid,                             while our government and religious organisations pour hundreds of billions of £££ tons of food to
                         foreign countries not to mention the millions we pay to the European Community!
 

                        THEN we support another 20 million AFRICANS (yes 20 million scary) and theiroffspring here in the UK                         with free housing free health care free idle benefits, free child allowance (they breed faster than rabbits).
                                                                Free whatever they want!

                    THEN we allow in the Pakistanis, Indians, Eastern Europeans and anyone else who wants
                     something for nothing into our country..   Why is Great Britain bankrupt? 
                                        How many guesses do you need?
             
 

                         They  call the old age pension an entitlement even though most of us have been paying
                        for it all our working lives, and now, when it's time for us to collect, the government is running out of money.
                         
                         Why did the government borrow from it in the first place ?

                         It was supposed to be in a securely locked box, not to be used as part of the Government's general funds.



ooroo

 




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