Quote:
Originally Posted by L-Pink
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 ;)