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Pension joke

Posted by JERRY on April 15, 2025, 11:41 am

Just had a lovely government pension rise and now thanks to the taxman going for my private pension I am £13 a month worse off. Wish I could refuse my increase. Bloody joke.

The oldest rocker in town!

Re: Pension joke

Posted by Brickboy on April 15, 2025, 11:51 am, in reply to "Pension joke"

That's odd, Jerry. Your personal allowance should ensure that you only pay tax on earnings over it - any increase should be proportionately taxed leaving you slightly richer overall.

Re: Pension joke

Posted by 6TDen on April 15, 2025, 1:14 pm, in reply to "Pension joke"

Wait until you reach 80 then you an have a real laugh. Can’t remember if it is currently 20p or 25p per week, which is likely to attract tax at you going rate. Don’t spend it all in the same place!
Den

Re: Pension joke

Posted by DBDBrian on April 15, 2025, 1:58 pm, in reply to "Re: Pension joke"

Don't get me going on that one Jerry.

Brian
Made In England

Re: Pension joke

Posted by JERRY on April 15, 2025, 4:03 pm, in reply to "Re: Pension joke"

What do you mean wait until???

The oldest rocker in town!

Re: Pension joke

Posted by Lannis on April 15, 2025, 4:23 pm, in reply to "Re: Pension joke"

Shhh, Jerry, he doesn't know. He thinks that's still 62 years off ...

Lannis

I don't take health advice from people who think the world is overpopulated.

Re: Pension joke

Posted by 6TDen on April 15, 2025, 6:35 pm, in reply to "Re: Pension joke"

What are you trying to say Lannis? You seem to infer Jerry has been misleading the Forum and I cannot accept that. I have the utmost faith in what he says. I am sure he wouldn’t tell a fib to a fellow lover of motorcycles. On the other hand my wife used to say I was naive.
Den

Re: Pension joke

Posted by JERRY on April 15, 2025, 10:33 pm, in reply to "Re: Pension joke"

One day my special secret may come out.

The oldest rocker in town!

Re: Pension joke

Posted by Hants Ian on April 16, 2025, 10:17 am, in reply to "Re: Pension joke"

Oh you are not going to tell us that you are a woman all along

The light at the end of the tunnel maybe an oncoming train

Re: Pension joke

Posted by Will on April 16, 2025, 10:31 am, in reply to "Re: Pension joke"

"Geraldine"

Re: Pension joke

Posted by JERRY on April 16, 2025, 10:45 am, in reply to "Re: Pension joke"

B.....cks secrets out

The oldest rocker in town!

Re: Pension joke

Posted by Lannis on April 15, 2025, 4:34 pm, in reply to "Pension joke"

That's one the things that Trump wants to fix here. I got a 2.5% increase in my Social Security check for 2025, but a 2.6% increase in the tax on my Social Security.

They're moving to eliminate that tax. So far they've done everything else they said they'd do (closing the border, removing restrictions on shower head flow, bringing back proper light bulbs, etc) so I hope they'll follow through with that too.

Lannis

I don't take health advice from people who think the world is overpopulated.

Re: Pension joke

Posted by Nigel B on April 15, 2025, 5:43 pm, in reply to "Re: Pension joke"

Trump's misguided "tariffs" cost me thousands in lost value on the two pension plans that matured 31st March & the Orange Muppet crashed the stock market on 2nd April.

No consolation to know he will cost Americans a lot more in the coming years.

Nigel B

Re: Pension joke

Posted by calidavid on April 15, 2025, 6:05 pm, in reply to "Re: Pension joke"

With you there Nigel.

Re: Pension joke

Posted by laverdabru on April 15, 2025, 8:04 pm, in reply to "Re: Pension joke"

+ 1

Bru

Re: Pension joke

Posted by Lannis on April 15, 2025, 8:50 pm, in reply to "Re: Pension joke"

How is it the American President's job to somehow guarantee performance of a UK subject's pension plan?

He's doing exactly what the majority of Americans hired him to do ... Eliminating mountains of waste and fraud from the government, stopping the invasion of tens of millions of illegal invaders, and correcting the trade imbalances from 130 countries that have been charging us tariffs when we haven't been charging them.

If it means that we can't buy nickel-and-dime plastic Chinese crap for a while, that's fine with us.

Lannis

I don't take health advice from people who think the world is overpopulated.

Re: Pension joke

Posted by geoff the bonnie on April 15, 2025, 9:45 pm, in reply to "Re: Pension joke"

Taxman takes 130 pound a month from my pensions. I started paying tax again as soon as i got the state pension. Got used to it now as you cannot refuse to pay it.

Re: Pension joke

Posted by calidavid on April 15, 2025, 10:55 pm, in reply to "Re: Pension joke"

Just heard the White House press secretary briefing which reminded me of the days when I used to watch Albanian tv and the proud boasts of tractor production. Mind you that channel also gave us Norman Wisdom films, so not all bad.

Re: Pension joke

Posted by geoff the bonnie on April 15, 2025, 11:00 pm, in reply to "Re: Pension joke"

Mr Grimsdale, he is breaking all the bottles.
Good old Norman ended his days on the Isle of Man.

Re: Pension joke

Posted by calidavid on April 16, 2025, 7:13 am, in reply to "Re: Pension joke"

With some connection to the Norton club on the island?
He had a motor yacht called Conquerer in Malta when I was working there that nearly capsized when they removed the engines.

Re: Pension joke

Posted by Will on April 16, 2025, 9:11 am, in reply to "Re: Pension joke"

His son was a keen cricketer & Norman used to go to watch him play. He'd arrive in his Rolls Royce with reg COM1C which, I believe he later sold to Jimmy Tarbuck.

Re: Pension joke

Posted by Andy C on April 16, 2025, 7:19 am, in reply to "Re: Pension joke"

I had the pleasure of meeting Norman Wisdom many years ago on a connecting flight from Dublin to the IOM where he lived.

What a nice, genuine unassuming bloke.

Who needs a signature anyway......

Re: Pension joke

Posted by nek on April 16, 2025, 10:08 am, in reply to "Re: Pension joke"

Can't have that,obviously a facist.Please get rid asap and send him over here pronto.

The shame of it all,imagine a politican doing what he promised to do? whats the world coming to?

Lots of wokies here think he is our President too and he twists their knickers a treat.

Re: Pension joke

Posted by Nigel B on April 16, 2025, 11:24 am, in reply to "Re: Pension joke"

How is it the American President's job to somehow guarantee performance of a UK subject's pension plan?

Not doing much for US citizens pension plans or savings either, Lannis ?

Apparently some nice opportunities to capitalise on these actions for those who subscribe to "Truth Social" though - a "Great time to make some money " with a "heads up" on the pausing of tariffs ?

Trade imbalances are a fact of life - get over it. When you need something someone else can provide that you can't provide yourself & they cannot afford (or don't need) what you have, it happens. Madagascar isn't "Ripping off" the US ! The EU had offered 0% tariffs before this began & have re-iterated the offer since, but that isn't good enough - need to buy $350 Billion of oil & gas from the US now as well - so not all about trade imbalances ?

US companies chose to outsource to make more money. US customers could have chosen not to support those that did, but chose the lower cost items instead. Not the rest of the World's fault.

Not the rest of the World's fault the US chose to run up a $37 Trillion National Debt, or run a near $1 Triilion a year military. Re-finanacing around $9 Trillion of debt due this year is going to cost you more now due to the debt sell-off causing Bond prices higher - comfortable with that, when it need'nt have happened ?

Not just the "nickel-and-dime plastic Chinese crap" you won't be buying from China - no more raw materials you can't produce yourselves. Doesn't seem much point in asking the Canadians to supply the "rare earths" either, seeing how threatening to annex them has not really gone down there at all well. Guess your farmers will be looking for new markets as well, given Chinese & Canadian imports are off the table, and stating outright that the export version of your new military aircraft will be "dumbed down" probably won't do much for sales - export arms production doesn't amount to many well paid jobs in the US after all, does it ?

You seem to be seeing a bright future ahead at the end of all this, but the light at the end of the tunnel might just turn out to be a train heading towards you. Trade may resume at some point, but trust will take a lot longer.

How the US chooses to dig its own grave is it's concern - the rest of us had no choice in having to participate the fall-out.

From a motorcycle POV, that is something else that will now cost Americans more than before April 2nd.

I hope you survive the fall out.

Nigel B.

Re: Pension joke

Posted by Andy C on April 16, 2025, 1:03 pm, in reply to "Re: Pension joke"

Well said - it did cross my mind that by changing minds over tarrifs and the resultant effect on stocks is an opportunity for those "in the know" to make a lot of money.

Who needs a signature anyway......

Re: Pension joke

Posted by nek on April 16, 2025, 1:25 pm, in reply to "Pension joke"

well Jerry you'll love todays news then.....

"Stealth raid is set to drag 18 MILLION more Brits into tax system including huge numbers of pensioners… even if Labour doesn't extend threshold freeze beyond 2027"

Rachel Reeves went to the same school as my daughter, the school from which I removed my
daughter as it was so useless and incompetent.

just to cheer you up.

Re: Pension joke

Posted by JERRY on April 16, 2025, 1:53 pm, in reply to "Re: Pension joke"

nek nothing surprises me anymore with the grettins that are running our once great country into the ground.

The oldest rocker in town!

Re: Pension joke

Posted by geoff the bonnie on April 16, 2025, 10:17 pm, in reply to "Re: Pension joke"

I am making a very good attempt at spending all the accumulated money now. What i dont spend on cars , motorbikes and holidays, i give a lot to the adult children so i can see them having great times abroad.
If you do end up in a nursing home, it is best to have no money. My Uncle spent 3 years in one paying with the money from his property at 2000 pounds a week. He had no kids so his farmland was sold off for building land in Cornwall.
Of course, there is always the wine and women option

Re: Pension joke

Posted by laverdabru on April 17, 2025, 4:43 am, in reply to "Re: Pension joke"

Good point re nursing home fees, Geoff. Both my late mum & brother were very prudent with money, but as they spent the last years of their lives in homes it was all for nowt. They might as well have had a good time with it when they were able.

Re: Pension joke

Posted by A65Bill on April 17, 2025, 2:20 pm, in reply to "Pension joke"

I've just spent the next 8 months rise in pension in one food shop on top of my weekly budget.
My local MP now knows she and her Gov are stealing the petrol from my tank.

Re: Pension joke

Posted by geoff the bonnie on April 17, 2025, 10:35 pm, in reply to "Re: Pension joke"

Bill, my pension rises after they take tax will buy a cup of coffee if i shop around for the low price
Good thing is, Today i won 100 pounds on the Premium bonds to make up some of the losses

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