[BITList] Stolen Pensions

[John Feltham]

Mt Frozen Pension. It has been stollen by successive UK Governments.

Well worth reading. It might happen to you or yours.

ooroo

 

 

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  OLD AGE PENSION.
      
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 govt. 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 THE UK 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 the money to spend on other things, that  doesn't make my pension some kind of charity or  handout!!
 
Remember MP's benefits ? --- free healthcare,  outrageous retirement packages, 67 days paid holidays, three weeks paid vacation, 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 Haiti, Chile, Turkey, India, Pakistan,  etc., etc., etc.  Literally, BILLIONS of Pounds !!!
And they 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 organizations pour hundreds of billions of £££  tons of food to foreign  countries !
 
 
 
 
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.
 
Sad, isn't  it, that 99%  of people won't have the guts to forward this.  
I'm in the 1% with guts enough to do it - - - and I just did. I hope some of you will do the same.



ooroo

 

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