PPRuNe Forums - View Single Post - AFPS 75 and NEM
Thread: AFPS 75 and NEM
View Single Post
Old 6th May 2013, 21:06
  #62 (permalink)  
Al R
 
Join Date: Jul 2007
Location: @exRAF_Al
Posts: 3,297
Likes: 0
Received 0 Likes on 0 Posts
OAP

If you're approaching your state retirement age, an inconsistency based on age (the difference could be as few as a day or so seperating retirees) will drag on for years - pensions apartheid used to refer to defined benefit and defined contribution schemes.

The state saves close to £100 millions each year by not having to means test - aside from that, would it announce means testing for the basic benefit before 2015? I think they would be insane to want to do that. Oh, hang on.

Ian Cowie writes with admirable venon about pension apartheid.

pensions apartheid ? Telegraph Blogs
Al R is offline