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markinspain

The Greek Bailout's Two Secret Exit Clauses

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Someone was slating the greeks cos they can retire at 53.... well in the UK you can retire at 50 can't you?

Oh yes!

Currently the earliest you can receive a company or personal pension is 50 - but this depends on your pension scheme rules. From 2010 this rises to 55. If you're retiring because of ill-health you may be able to take your benefits before this age.

http://www.direct.gov.uk/en/Pensionsandretirementplanning/PlanningForRetirement/AboutToRetire/DG_10014848

So all this bloxs slagging greece off cos they let people go sit on a beach and saying the UK is different is clearly wrong.

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Someone was slating the greeks cos they can retire at 53.... well in the UK you can retire at 50 can't you?

Oh yes!

Currently the earliest you can receive a company or personal pension is 50 - but this depends on your pension scheme rules. From 2010 this rises to 55. If you're retiring because of ill-health you may be able to take your benefits before this age.

http://www.direct.gov.uk/en/Pensionsandretirementplanning/PlanningForRetirement/AboutToRetire/DG_10014848

So all this bloxs slagging greece off cos they let people go sit on a beach and saying the UK is different is clearly wrong.

The Greek Pensions in question are provided by the state which until recently paid upto 97.5% of average earnings. They have nothing to do with company or personal pensions (the latter of which may be entirely funded by the individual)

http://www.dailymail.co.uk/news/article-493293/Britons-worst-state-pension-EU.html

Try getting your measly state pension of less than £100 per week from HMG before you are 65 and see what answer you get.

I am afraid you are the one speaking b*ll*cks as would be clear if you had actually bothered to read the DirectGov link you had posted

Edited by realcrookswearsuits

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Someone was slating the greeks cos they can retire at 53.... well in the UK you can retire at 50 can't you?

Oh yes!

Currently the earliest you can receive a company or personal pension is 50 - but this depends on your pension scheme rules. From 2010 this rises to 55. If you're retiring because of ill-health you may be able to take your benefits before this age.

http://www.direct.gov.uk/en/Pensionsandretirementplanning/PlanningForRetirement/AboutToRetire/DG_10014848

So all this bloxs slagging greece off cos they let people go sit on a beach and saying the UK is different is clearly wrong.

I was talking to a bank manager the other day who smugly told me has was 47 and going to retire in three years.

Good luck with that.

Edited by Dave Spart

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The argument on the radio was about the shockingly low age you can retire at - money wasn't mentioned.

And how much do you think OAPs get? (and free bus pass, heating allowance, tv licence... )

If you are living in Great Britain and have reached the minimum qualifying age, you may be entitled to the Guarantee Credit. This guarantees a minimum income by topping up your weekly income to:

* £132.60 if you are single

* £202.40 if you have a partner

Currently average earnings without benefits are probably[1] about 90 quid a week (part time 16 hours ) so the pension is more than average wage.

the lies about average wage being 22k don't take into account the millions on tc, wtc etc [2]

[1] and [2] Stats provided by me making them up.

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  • 259 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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