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Old 12th Sep 2014, 22:30
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gr4techie
 
Join Date: Feb 2012
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My 2 thoughts after watching the video...

1. The actor said "I don't plan on working all my life". Good luck with that. Pity the govt thinks otherwise.

2. The video mentions index linked. Which is misleading. From my understanding, if we draw our pension after serving 22 years, the payments to us will not increase with inflation every year, you'd get paid the same for 14 or so years and only then receive an increase after you reach the age of 55. Then the index used to calculate the figure ( consumer price index) is controversial, it's the price of specially selected shopping items and can be manipulated to lower the index figure below the actual rate of inflation.
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