David B. brought next idea :
On 16/04/2017 18:28, Naturous wrote:
David B. used his keyboard to write :
On 16/04/2017 00:45, Naturous wrote:
David B. used his keyboard to write :
On 15/04/2017 21:18, Naturous wrote:
Hey BD, do you get a government funded pension in Britain?
We have to pay into a Social Security fund to get a retirement check
every month. We also can setup a fund for this purpose by paying into
it on our own.
How is retirement setup in Britain?

I don't normally monitor this group, Dave Eagle! You are lucky to catch
me!

Yes, I *DO* get a pension from the UK government - well actually, TWO
pensions! One as an ordinary citizen and another as a 'veteran'
(ex-Royal Navy)

Did you pay into these pensions out of your pocket?

Yes!

Please see he- https://www.gov.uk/national-insurance/overview

Would this be an example of socialism, Dave?

No, not really. It's just an extension of extra Income Tax but under another
name.

Thanks Dave. The British system is very different than what this
country has going. {which is close to bankruptsy and has been for many
years now.]
I have two independant pensions plus My SS income. I setup a 401K and a
union pension trust income plus what My Wife's SS income adds to the
kitty. That Chevy C10 pro mod took a few bucks, but it was fun building
it.