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Old 04-05-2011, 03:03 PM  
borked
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Quote:
Originally Posted by L-Pink View Post
One thing is obvious, once someone really depends on "entitlements" they generally also have no choice in the matter. They are to old or physically unable to start a new life/career.

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Whatever point you took, not really relevant, but the point you bring up is very much so.... so lets say I contribute high $xxx per month to benefits and out of that 50% is taken toward my pension (I'm taking those figures from real-time French values cos no idea what % shit goes on US SS).

Lets say I started that like 20 years ago on a promise of "last salary pensions scheme", cos I was one of the lucky ones. Others got 75% of average salary from total annual contributions.

So, I'm 20 yrs away from a pension and the current in govt. decides 'last salary' is shit and says all should go onto avg scale, , dropping that avg scale to 60%. Not only that but increasing retirement age from 65 to 67.

OK, so what do I have - a fucking massive cut in my pension, from a pre-calculated ?75k/yr to ?53k/yr and I have to work 2 years longer for it. My contributions stay the same (with inflation), but I get cut out a shit load - of course I'll shout and moan.

About 3 yrs ago, I frikken went onto the streets with others and shouted as hard as I could... I'm now "on" a ?68k pension in 20 years unless some other fucktards mess with it, but hell, at least shouting earned me that 15k that would have been lost.

What I can't stand is the total neglect for contributions already paid.... if your're going to cut things then at least provide a rebate for those already contributed.....

anyway, /rant. Enjoy your own govt fight ;)
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