Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
some interesting debate there in the torygraph
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Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
Not to forget, that Britain will, one day in the future, be paying pensions to millions of people who have worked in Britain after immigrating here, whether they have gone back home or remained, as well as having to pay pensions to the millions of British who were unemployed.
The work system that our Country has developed, will mean that the younger generation will inherit a double pension system, whereby we'll be paying the pensions two times over, to millions of people living in Britain and to millions of people who have worked in Britain!
T. Blair of New Labour must be laughing down his nose at us as he sits there in mansions with tens of millions of pounds private assets!
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
If it's correct it needs sorting
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howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
very optimistic of you keith, i cannot remember a time when any of our governments stood up for this country.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
Have to think positive all the time
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Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
Keith, it probably is correct, if you were referring to my post.
Unemployed British people will receive a pension, no matter how long they were unemployed.
When JSA (jobseekers allowance) is payed out, the NI contribution (£2.60 a week) is deducted from the £67.00 a week JSA. The NI contribution is what entitles people to further benefits, free medicine, and to a state pension.
However, foreign nationals who work in Britain also pay NI contributions, and this will entitle them to a British state pension, which will vary depending how many years they have worked.
The exact details need some explaining as far as how much one will get for working 2 years, 5 years, 10 years etc. as a foreign national, but may-be someone can explain that for us.
To what extent the national Treasury will be effected when it comes to paying out on a weekly basis for millions more pensions to people who have worked in Britian, as well as to all the British nationals, will be known in the future, when it's time to pay up.
In fact, private sector employers who leave millions of people unemployed and choose others from other countries, don't calculate what it will cost the state present and future.
Even still 10 years ago, a lot was being preached about the dwindling number of young people who will have to pay for the pensions of an increasing percentage of elderly people, owing to the decreased birth rate.
But in Britain, successive governments have allowed a situation that has left millions of young people out of work, and included millions of working incomers and their families (wives, children) in the benefits and pensions and system.
So now it is as follows: the future (unemployed) generation will have to pay the pensions for the British, AND for the non British people who have worked here.
Somewhat hard to achieve if they will be living off JSA, seeing that the employment market in the UK isopen to all Europe anyway, and Britain keeps getting the best of the best of workers who offer their services for a minimum wage and so many locals are left out of employment.
That what the private sector employer in a factory, for example Tilmanstone Salads or London Fancy Box Factory, earns more by employing harder-working people from elsewhere, is peanuts when compared to the costs that the State endures as a consequesnce (benefits, pensions, NHS etc).
Add to all this the fact that the tax that comes into the Treasury from a minimum wage job is peanuts, so the millions of hard-working people from abroad employed by the above mentioned are paying peanuts into the system, but will reap the full benefits it unemployed, and when in pension.
Which still leaves the millions of unemployed locals who have to be dealt with, as these too must receive benefits and one day a pension.
Now IF this explanation is correct, or not correct, is a question that deserves looking into.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
does anyone else have a differing view to this
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howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
not really, once i ploughed through alex's post i thought he was correct in the main.