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Public service pensions increase: 2018

Tin basher

Knackered Old ****
Staff member
Subscriber
1000+ Posts
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Thanks Aunty Bet top girl:pDT_Xtremez_14:

"Public service pensions which have been in payment for a year will be increased by 3% from 9 April 2018 in line with the September-to-September increase in the Consumer Prices Index (CPI)."

A 3% pay rise for just getting out of my scratcher each morning, nice work Betty:pDT_Xtremez_30:
 

Late & Tired

Flight Sergeant
1000+ Posts
1,132
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"Gentlemen, The Queen"
That's been my toast as Auntie Betty buys me beer on every Pension Day.
Long may it continue
 

Stevienics

Warrant Officer
1000+ Posts
4,931
107
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Please keep mine back for "safekeeping"....

.....oh, you already are.

#FTRS
#ThievingGovernmentBarstards
 

busby1971

Super Moderator
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1000+ Posts
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Under RPI it would have been 4%, gift horse mouth and all that.

As I’m now half way between IP and full pension I might start a mini chuff chart, #nearlythere




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vim_fuego

Hung Like a Baboon.
Staff member
Administrator
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1000+ Posts
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I sometimes forget about mine even coming in when I'm mentally divvying up what's going where and such...then I remember and smile.

:pDT_Xtremez_17:
 

Digzster

Sergeant
871
0
0
On the 1st Tee box every 15th of the month........... I touch cap and say "Thanks Aunty Bettie" to weird looks from locals.
 

busby1971

Super Moderator
Staff member
1000+ Posts
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Taxman will get 40% of that 3 %......

Become a consultant, pay yourself a dividend and you could reduce that 40% quite easy.

Boost your company pension by the same amount and turn it into 4.5%.

Move to Cyprus and only pay 10%, move to Monaco or the Middle East and save some more.

At least there’s no NI to pay so you get to keep most of the other 2% if you do nothing at all.

All the above percentages are approximate and do not constitute financial advice.

Anyway as a socialist why is fair taxation a problem.


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