People in England may be forced to pay as much as £20,000 on retirement to help fund the social care system under plans being put forward by ministers.
It is one of three options being proposed by the government alongside top-ups and insurance.
So says Aunty today.
There are three options on the table, apparently; a top up plan whereby the state funds part and the individual contributes (much like the French healthcare system), an insurance based one (a bit like the American healthcare system) and a £20,000 grab. Which, I wonder, is most favoured by ministers? I should think our friend Richard Murphy will wet himself over this one.
All I can say is, thank goodness I no longer live in the UK and have no plans to retire there. That said, I have no plans for a full retirement anyway. At the age of fifty, I have settled into part time work and as I have no desire to see a decline in my living standards as a consequence of retirement, I’ll continue to work for as long as I am physically able. My mother in law in her mid eighties is managing it quite well. But, then, she and I have one thing in common, neither of us want anything from the state; which leads to a fourth option – leave me alone and I’ll look after myself, thankyou very much.
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Update: Timmy points out that this should all have been covered by the National Ponzi Scheme anyway.
Twenty grand to live in a place where you’re told when to get up, when to sleep, when and what to eat and you have to drag your wrinkly frame out into the cold for a smoke. No getting tanked up even though you don’t have to get up for work the next day and no hanky panky with Saggy Doris in the room next door.
It’s a kindergarten for the aged. Not for me.
If they get their way, they’ll take twenty grand off everyone for the privilege of being sixty-five, whether they ever make use of the care or not. Because it’s not the care that matters to them. It’s the money.
It’s always the money.
.-= ´s last blog ..Robbery and abduction. =-.
Mark my words, twenty grand will only be the beginning.
“Pay us £20K and we’ll look after you for the rest of your life”
Sounds just like the old “cradle to grave” stuff we heard in 1948, doesn’t it.
Fool me once, shame on you; fool me twice, shame on me.
Like it or not this problem aint going away. The baby boomers are heading for retirement (thats you and me!) and someone is going to have to pay for the ponzi. Yes we were scammed in 1947 and ever since but someone has to double for the ponzi scheme.
.-= ´s last blog ..Digby Jones and ministers like Jacqui Smith are not fit to govern =-.