Small Earnings Exception ... (1 Viewer)

[Scotties]

Hi, does the MF Oracle have any +ve or -ve views on the SEE available to over 60's men.
The CF10 form does try and make people not apply with 'rules about loss of benefits, qualifying years, no more than 182 days abroad etc'.

Is it realy worth it for £130pa, after all our leaders need funding for their wars, duck housed, moat cleaning etc

 

[Reallyretired]

Hadn't a clue what you're talking about so looked it up. It would appear that, for such a small saving, it hardly seems worth the potential loss of benefits, you never know if you will need them sometime.

Best thing is to earn a bit more, then you won't be entitled to it anyway

 

[GJH]

Most men over 60 will already have gained the 30 qualifying years needed for a full pension. It is, therefore, pointless paying Class 2 contributions as there is nothing to be gained from it.

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[sedge]

What about sickness benefit and stuff, unemplyment benefit, or do you still get those and still save the £130?

 

[novawight]

Most men over 60 will already have gained the 30 qualifying years needed for a full pension. It is, therefore, pointless paying Class 2 contributions as there is nothing to be gained from it.

as i paid N.I contributions for 50 years, don,nt you think i should get more pension for the extra 20 years i contributed?i

 

[sedge]

No I don't Del.

Same as I don't think it's unfair that because I paid a lower stamp between 1972 and ?1999 since on first marriage and mortgage I initially needed to save the 6 shillings a week or whatever it was, I can never have a full pension. I had the choice to revert to full stamps any time I wanted and stupidly, didn't do my sums - ergo it's entirely my own fault. I also think it's unfair that those women who chose to take time out to raise a family, are now allowed to claim credits - or pay for the missed stamps, not sure which it is for that time so as to gain a higher State pension.

Some persons who packed in work purely to become 'carers' for elderly rellies or disabled ones are also allowed to have credits or make up the difference and I do think that is fair because the element of choice was removed through none of their doing, and I have always supposed it's them that you are paying for with the extra years. That's OK in my book.

In point of fact however as the State pension has never been 'funded' then in actual fact every penny of each of our 'investments' has been frittered away over the years on eg Wars, bailing out Banks and duck houses ..........

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