Which would also happen on a final salary scheme. TBH having read the link I posted I am not at all sure I would want to be in the new schemes,
Your wife of course may not be in it. Likely to depend on when she joined.
Winter fuel allowance
- Thread starter Trazor
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Your wife of course may not be in it. Likely to depend on when she joined.
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Not 4 quida week though is it . As the heating will be ramped up over a 3 / 4 month period not entire year . Hence why it's called winter allowance
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Paid yearly
Around mid-winter, to help cope with the massive expense of the winter heating bills.
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well yes and no if you pay annual averaged bills by direct debit its a monthly thing i loose around £5.75 a week[300 a year] so a lump sum is a bad idea as it will just disappear into black hole off debt to pay outstanding bills or perhaps on the kids or grandkids rather than saved for bills
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Foreign Aid will be in with "Other Spending", surely?
most people pay a monthly direct debit averaged out over the year
so over the last 6 months most people will have overpaid and will start the winter period with a few hundred quid in credit
personally I think the state pension should be at a level high enough so theres no need for extra payments
No, that would maintain the Status Quo.
Wrong. It is a ratchet mechanism that increases the prosperity of pensioners faster than younger people.
It is so small that you can't see it.
Not the false impression that algas wanted to give.
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Can you quantify it? If you are adamant it is minute, you should be confidently able to do this to back up your claim.
I think 0.7% but don't have the source to hand.
Update
Looks like that was the target and 0.5% was the Actual (see figure 18)
Unsurprisingly, much of "foreign aid" is spent in this country, for example if we send UK built generators, land-rovers or sewage treatment to a country that needs them. A popular way to subsidise UK industry and call it foreign aid.
In the same way we sent withdrawn-from-service army boots and ballistic helmets to Ukraine and saved ourselves the expense of paying for landfill.
Update
Looks like that was the target and 0.5% was the Actual (see figure 18)
Unsurprisingly, much of "foreign aid" is spent in this country, for example if we send UK built generators, land-rovers or sewage treatment to a country that needs them. A popular way to subsidise UK industry and call it foreign aid.
In the same way we sent withdrawn-from-service army boots and ballistic helmets to Ukraine and saved ourselves the expense of paying for landfill.
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Actually it's often £200 not £300, £300 if you were born before 23 September 1944
A couple get it split. You’ll be paid into the bank account your benefits are usually paid into.
You could also get:
At least they assume pensioners have a bank account. When my mother needed care arranged via Solihull Council they assumed they didn't and it needed paying for. I complained about having to make a cheque out and post it each month. Took them a couple of months to sort it out.
The savings by dropping WFP. More pensioners every year and also long term planning. £1.5b a year, The biggest problem really is pension credits not being sorted out.
It seems saving credits are the pension credit equivalent for those that have a separate pension / income. Another area. Not sure how well that has been sorted. I get the impression that it has not really been maintained properly. Suppose it depends on how much the extra income is - but as the state pension gets nearer the income tax allowance ????
A couple get it split. You’ll be paid into the bank account your benefits are usually paid into.
You could also get:
- a Cold Weather Payment - if you get certain benefits and the temperature drops to zero degrees Celsius or below for 7 days in a row
- the Warm Home Discount - this is a £150 discount on your bills if you get Pension Credit or live in a low-income household
- help from the Household Support Fund, if you’re eligible under your local council’s rules
At least they assume pensioners have a bank account. When my mother needed care arranged via Solihull Council they assumed they didn't and it needed paying for. I complained about having to make a cheque out and post it each month. Took them a couple of months to sort it out.The savings by dropping WFP. More pensioners every year and also long term planning. £1.5b a year, The biggest problem really is pension credits not being sorted out.
It seems saving credits are the pension credit equivalent for those that have a separate pension / income. Another area. Not sure how well that has been sorted. I get the impression that it has not really been maintained properly. Suppose it depends on how much the extra income is - but as the state pension gets nearer the income tax allowance ????
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