State Pension Awareness.

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Weekly Amount for UK Full Basic State Pension. ( Closest )

  • £75

    Votes: 10 18.5%
  • £100

    Votes: 3 5.6%
  • £125

    Votes: 14 25.9%
  • £150

    Votes: 9 16.7%
  • £175

    Votes: 17 31.5%
  • £200

    Votes: 1 1.9%
  • £225

    Votes: 0 0.0%
  • £250

    Votes: 0 0.0%
  • £275

    Votes: 0 0.0%
  • £300

    Votes: 0 0.0%

  • Total voters
    54

TeeDee

Full Member
Nov 6, 2008
6,703
1,006
47
Exeter
I've thought twice about posting this and have relented. I'm just doing some research.

I wonder if people would mind ( without looking it up ) how much they think the CURRENT entitlement for State pension is please.

So if you could indicate using the Poll what you believe the FULL BASIC STATE PENSION is PER WEEK. Closest figure.

( Remember - No cheating and Looking it up please )
 

TeeDee

Full Member
Nov 6, 2008
6,703
1,006
47
Exeter
Only read the following after taking the Poll please.



 

TeeDee

Full Member
Nov 6, 2008
6,703
1,006
47
Exeter
So , 15 entries so far.

Were some of you surprised ? Shocked ? Dismayed ?

Did you look at the other countries and see the ones that achieve more in pension payments.
 

santaman2000

M.A.B (Mad About Bushcraft)
Jan 15, 2011
16,814
1,031
64
Florida
Much lower than I would have expected. Much lower than my own and mine was reduced because I began drawing it 4 & 1/2 years before my full pension date.
 

demographic

Bushcrafter (boy, I've got a lot to say!)
Apr 15, 2005
4,354
353
-------------
Not that surprised although I didn't know the actual figure I just instinctively assumed it would have been at the lower end of the spectrum.
Saddened would have been a more apt description.
 

TeeDee

Full Member
Nov 6, 2008
6,703
1,006
47
Exeter
pension.png




Its when you look at this graph and seen the disparity.

Its when you play the mental game of working out Where you think your Countries benefits should fit in relationship with others.

Croatia rocks in at the very top with 129 % .
 

MartinK9

Full Member
Dec 4, 2008
6,345
263
Leicestershire
Mine's is provisionally £147.50 at the moment, and I have two more years of back dated voluntary payments to reach the maximum I can expect.

I have kept an eye on my contributions for a while.

Still over a decade until I can collect it though.....
 
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TeeDee

Full Member
Nov 6, 2008
6,703
1,006
47
Exeter
Still over a decade until I can collect it though.....

I'm hoping with the strength of our influential Feminist movement they continue to lobby to have the male age of pension entitlement lowered to bring equality with the Female age of pension entitlement. :) for some sexual equality.

So maybe you'll get yours Sooner than expected Martin. :)
 
Last edited:

Oliver G

Forager
Sep 15, 2012
246
133
Melbourne, Derbyshire
Well that was a depressing look into the future on a Monday morning.

40 more years until I can claim a pension which will not even cover rent on my house, I'm glad I've been putting as much as i can into private pensions, I just hope they don't go bust in the mean time.
 
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TeeDee

Full Member
Nov 6, 2008
6,703
1,006
47
Exeter
Well that was a depressing look into the future on a Monday morning.

40 more years until I can claim a pension which will not even cover rent on my house, I'm glad I've been putting as much as i can into private pensions, I just hope they don't go bust in the mean time.


Sorry Oliver - I honestly didn't mean to bum anyone out with the post - I've always thought its better to be Forewarned is Forearmed.. , Hopefully it can help plan some financial decisions for the future.

I posted as many of my friends seem to also be unaware and are living life to the fullest.
Again , sorry if I accidently depressed you. Its a wake up call I guess and at your age you do have time to alter/influence the outcome.
 

Oliver G

Forager
Sep 15, 2012
246
133
Melbourne, Derbyshire
Sorry Oliver - I honestly didn't mean to bum anyone out with the post - I've always thought its better to be Forewarned is Forearmed.. , Hopefully it can help plan some financial decisions for the future.

I posted as many of my friends seem to also be unaware and are living life to the fullest.
Again , sorry if I accidently depressed you. Its a wake up call I guess and at your age you do have time to alter/influence the outcome.

Oh no it's fine, It's an interesting insight into my generation's nihilistic sense of humour that we joke about not having anything in the future.

I would say most people my age (mid to late 20's) are more fiscally conservative than older generations and are planning on being squeezed on both age sides by supporting our own growing families and providing social care for the ageing population.

There are, of course, those that just throw their cash away in all generations.

It'll be interesting to see how other generations perceive themselves and us.
 

oldtimer

Full Member
Sep 27, 2005
2,462
1,019
79
Oxfordshire and Pyrenees-Orientales, France
The problem with planning for the future is that it cannot be predicted. We planned and saved for all our working lives and expected that we would be able to live on the interest on the capital that we had saved though not living the high life.. Not a chance! The current rate of interest does not even keep pace with inflation, so our savings are reducing in value.

We would appear to have done well because of rising property prices, but were charged 14.5% interest on a mortgage for many years, so somebody did well out of us .We have spent the major part of our 59 years together being property rich and cash poor. Housing and associated costs swallowed up half our earnings. Our sons have no expectations of inheriting much as they expect care costs and taxes to swallow it up. Our current aim is to provide funding for our grandchildren's further education- something neither we, their other grandparents or their parents had to do.

I feel sorry for Oliver's generation and that of my grandchildren. At least our generation had expectations of some kind of future despite living with the ever-present prospect of nuclear annihilation. We haven't left much of an inheritance for you, have we? We seem to have used up our share of the earth's' resources and yours as well. Good luck with cleaning up the mess we are leaving you with. We had the party, you get the hangover and the bill!
 

Paul_B

Bushcrafter (boy, I've got a lot to say!)
Jul 14, 2008
4,909
827
Lancashire
Well we're late 40s and expect retirement age to go past 70 yo. Of course we don't think that retirement age will count for much with pensions from state provisions probably being worthless. By worthless I mean if it even exists it'll n probably only pay for one Costa coffee a week. Not that we'll be getting one then, but it's an easy to reckon item you might have purchased one time as a comparison.

It was once thought that every generation is better off and will be better off than the one before. However I read somewhere that researchers actually studied that theory and determined that if it was ever true it was only for the baby boomer generation. Possibly one before too. It'll certainly not true of my generation, whatever I am part of at late 40s age.
 

subzeer0

Tenderfoot
Apr 30, 2014
77
6
East of Durham
i knw what i was going to get my sone is fraud manager with hmrc and his friend worked in that area ...he told me and to go to ,gov,uk to check for myself
 

PREPER

Settler
Dec 31, 2009
621
27
Notts
Mine's is provisionally £147.50 at the moment, and I have two more years of back dated voluntary payments to reach the maximum I can expect.

I have kept an eye on my contributions for a while.

Still over a decade until I can collect it though.....
Martin,
Same here, last time I looked around £150. Also a few years short to get to the maximum.
Preper...........
 
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