It’s interesting, I don’t think we have any nationally mandated restrictions on when you can access personal pensions. But our government (‘state’) pension age is due to increase from 66 to 67 by 2028 and to 68 by the 2040s, with a projected pension age of 70 by 2050. We have a rapidly aging population in the UK, and future state pension ages are often a soft target for governments looking to claw back a bit of money for other things (like the current government has done).
What made you smile today?
- Thread starter snowbunny
- Start date
- Location
- Sydney, Australia
We have mandatory superannuation here and it just went up from 10% to 11%. This means your employer must put 11% of your salary into super and you can't touch it (nor any of your own contributions) until you are 60 and have left work
Jacqui-S
Moderator
- Location
- Fife, Scotland
I can't claim to understand pensions and superannuation but for the NHS scheme, one of the best ones to be in, I think still, members contributions are tiered from about 5% for the lowest paid up to 12 or 14% roughly (it changed recently) for the very highest paid. Employers pay in just over 20% of the members pensionable earnings.
Lots of money floating around in the scheme, but a LOT of members.....
Hope it doesn't run out for when I need it
Lots of money floating around in the scheme, but a LOT of members.....
Hope it doesn't run out for when I need it
- Location
- Melbourne, Australia
That sounds more like our defined benefit schemes. Some government type jobs have this form of pension where you are basically paid a set amount per year in retirement, from a giant pool of funds.I can't claim to understand pensions and superannuation but for the NHS scheme, one of the best ones to be in, I think still, members contributions are tiered from about 5% for the lowest paid up to 12 or 14% roughly (it changed recently) for the very highest paid. Employers pay in just over 20% of the members pensionable earnings.
Lots of money floating around in the scheme, but a LOT of members.....
Hope it doesn't run out for when I need it
Our other superannuation accounts are a separate member account per person and you have a lot more choice of how you access the money (when you're old enough or meet another condition of release) so could potentially withdraw the entire amount in one go if you chose to.
Atemas
UK Tour Guide
- Location
- North Cambridgeshire
I washed 4 of Red’s 
’s. She spied them on the table, then worked out how she could get to them 
. She managed to get one 
. (Please don’t judge the garden border behind her - we are waiting for those tree stumps to rot down further before we can replant)
’s. She spied them on the table, then worked out how she could get to them . She managed to get one . (Please don’t judge the garden border behind her - we are waiting for those tree stumps to rot down further before we can replant)
- Location
- Malvern Worcestershire
One of my sisters was very offish about it, said if her friend hadn’t fallen asleep in the auditorium she’d have left within 30 minutes!
- Location
- Malvern Worcestershire
- Location
- Herefordshire, UK
- Location
- Isle of Man
Red rocks! What a clever girl.
London Zoo annual weigh-in today! Sorry for the non-UK gang (although you might find the link if you Google it?) - but this is brilliant viewing. Humboldt penguins and meerkats have ben covered, now onto squirrel monkeys. One of the best things is the commentary - there's a BBC journalist interviewing keepers who are giving interesting facts about the animals, but because it's raining in London today lots of the animals are quite reluctant to hop on the scales - so there's a lot of filling for the commentary, which makes for some random discussion!
It looks like they're using force free approaches so interesting to see the range of methods they use. Pretty much all luring I'm guessing...
London Zoo weigh-in day
It looks like they're using force free approaches so interesting to see the range of methods they use. Pretty much all luring I'm guessing...
London Zoo weigh-in day
Jacqui-S
Moderator
- Location
- Fife, Scotland
*swoon*
- Location
- Sydney, Australia
Yes he is!
Or he could be......
Dor
Labrador
Hello
- Location
- Malvern Worcestershire
AAArgh! That is a big boy! I have had three big ones in so far, but I don't quite that big!
- Location
- Isle of Man
I cannot look.
- Location
- Malvern Worcestershire
Don't
