From: "Roger Mills" 
Newsgroups: uk.finance
Subject: Re: New state pension entitlements
Date: Mon, 22 Jan 2007 12:06:29 -0000

In an earlier contribution to this discussion,
Kev   wrote:

>
> Let me make sure that I understand this. If I work until I am 65 then
> I make 46 years worth of contributions and I get a full pension. If
> somebody only makes 30 years worth of contributions then they also get
> a full pension. So what is all the rubbish about us not working for
> long enough all about?
>
> Kevin

The main problem is that people are living too long so, in order to limit 
the average time for which people get their pension, the starting age has to 
be increased.

The reduction in the number of contribution years needed to qualify for a 
full pension is mainly aimed at giving women a fairer deal if they have a 
gap in employment while bringing up a family or nursing a sick relative.

If *everybody* contributed for only 30 years, the government would have an 
even worse financial problem!
-- 
Cheers,
Roger
______
Email address maintained for newsgroup use only, and not regularly
monitored.. Messages sent to it may not be read for several weeks.
PLEASE REPLY TO NEWSGROUP!