Pension stuff, how's it all looking ? HAve you prepared ?

[Taipan]

I dont think you can draw parallels with a regular job. Being part of a church is deffo a calling rather than a career. When i used to sell cars for a living they always said Vicars and Squaddies weren't credit worthy as the house came with the job and finance companies wouldn't lend to either. Might have changed now though? I did sell a couple of cars to Vicars though, cash on the hip types and many a collection plate joke was cracked from both sides!

[the_priest]

I worked in charity sector for 25 years before becoming a priest. I think it is interesting to see the differences in pensions, used to be a lot better for priests, but they started cutting back. My wife and I have a house paid off. That is the bonus thing for us. Some priests have to rely on Charm housing (Church of England houses that they rent on) after retiring, and others live with family. It is a mixed batch now. More of us are coming later on it life after making some money and so on.

[Yorick]

I worked in charity sector for 25 years before becoming a priest. I think it is interesting to see the differences in pensions, used to be a lot better for priests, but they started cutting back. My wife and I have a house paid off. That is the bonus thing for us. Some priests have to rely on Charm housing (Church of England houses that they rent on) after retiring, and others live with family. It is a mixed batch now. More of us are coming later on it life after making some money and so on.

Aha. So the priest pension looks a bit poor, but you've not been in it too long?

[Pirahna]

Yeah as a soldier I sometimes couldn’t even get insured, let alone a car loan.
Bizarre really because you’ve got more job security than most and it used to be that your OC will come down heavily on you if they get complaints that you defaulted on debt.

I think it's more to do with the chances of being killed rather than defaulting on a debt.

[Yambo]

Yeah as a soldier I sometimes couldn’t even get insured, let alone a car loan.
Bizarre really because you’ve got more job security than most and it used to be that your OC will come down heavily on you if they get complaints that you defaulted on debt.

I think it's more to do with the chances of being killed rather than defaulting on a debt.

I never had any issues getting insured or a bank loan when I was in.

From 1946 to the late 80s/early 90s more soldiers had died in road traffic accidents than in combat.

[Horse]

From 1946 to the late 80s/early 90s more soldiers had died in road traffic accidents than in combat.

In the late 70' a friend was a physio and worked at a military rehab. Roughly 70 patients, only 1 wasn't a failed motorcyclist.

[Pirahna]

From 1946 to the late 80s/early 90s more soldiers had died in road traffic accidents than in combat.

I thought I'd Google it:

754 killed in Palestine
1442 Malaya
1129 Korea

The list goes on, there's a lot of dead servicemen and women, 7190 from the end of WW2 up to 2001.

https://assets.publishing.service.gov.u ... r_II-O.pdf

I found this article on the subject:

https://www.express.co.uk/news/uk/17553 ... istory-spt

[Taipan]

The reasons given for no HP for squaddies was because they were hard to find if they defaulted and a lot weren't on the electoral role for credit checks etc. Plus the possibility of redeployment, including overseas, within the credit term. I guess within that could have included death in a warzone, but I never heard that mentioned? This was in the 80s though and things are probably different now due to things like personal credit scores? Back then houses could and did get blacklisted for credit if one resident defaulted!

[Yambo]

From 1946 to the late 80s/early 90s more soldiers had died in road traffic accidents than in combat.

I thought I'd Google it:

754 killed in Palestine
1442 Malaya
1129 Korea

The list goes on, there's a lot of dead servicemen and women, 7190 from the end of WW2 up to 2001.

https://assets.publishing.service.gov.u ... r_II-O.pdf

I found this article on the subject:

https://www.express.co.uk/news/uk/17553 ... istory-spt

From 1987 - 1991 I had access to all the numbers. I don't now.

Suicide was rare when I was serving (that's purely anecdotal - I knew of only one in 23 years) but in the 1st Armd Div in Germany, in one 10 month period 1988/9 we had 39 fatalities from RTAs and other accidents involving vehicles. I brought it to the attention of the GOC so we could get some money for campaigns.

We were making progress however, we had access to a Cedegrins 'Skid Car' for training soldiers who would be driving on Exercise Snow Queen in Bavaria and numerous BAOR campaigns. The basic problem though was that the army wanted aggressive soldiers but defensive drivers.

It's a smaller army now of course but I think RTA fatalities are still a significant issue.

[Horse]

It's not just UK armed forces. The US military worked with the MSF to develop training to try and reduce numbers.

USAF had a rule: to ride a motorcycle on the base (ie to work, or accommodation), that service person had to have completed an approved course.

We (MSF) used to train at Upper Heyford. When that closed, we moved to Fairford. Later, the base commander wouldn't allow training on the base.

Therefore, no more bikes on the base = reduction in bike casualties.

[JackyJoll]

You’re kind of overthinking it.

If soldiers can’t get insurance or loans, it’s because of stats, from actuaries.

[Yambo]

You’re kind of overthinking it.

If soldiers can’t get insurance or loans, it’s because of stats, from actuaries.

As I mentioned earlier, I never had any problems.

[JackyJoll]

You’re kind of overthinking it.

If soldiers can’t get insurance or loans, it’s because of stats, from actuaries.

As I mentioned earlier, I never had any problems.

I only said “if.” For all I know, soldiers can get insurance and loans and their cash is good at the bar.

[JackyJoll]

For it's Tommy this, an' Tommy that, an` “Tommy third party only!”




https://www.kiplingsociety.co.uk/poem/poems_tommy.htm

[the_priest]

So how/when do Priests retire? I kinda assumed the calling wouldn't just dissappear when you hit a certain age.

Retirement is at 70, and then we can have PTO (Permission to Officiate), covering weddings, services, funerals etc.. which is what I intend to do if I am physically, mentally and spiritually fit. I would move away from where I had held a position so as to not make life difficult for the next incumbent.

[Count Steer]

So how/when do Priests retire? I kinda assumed the calling wouldn't just dissappear when you hit a certain age.

Retirement is at 70, and then we can have PTO (Permission to Officiate), covering weddings, services, funerals etc.. which is what I intend to do if I am physically, mentally and spiritually fit. I would move away from where I had held a position so as to not make life difficult for the next incumbent.

I think I'd quite like having a handy locum tbh.

'Oi! Gerald, can you do a wedding this w/e? I've been invited to Goodwood'.
'Oh, and if you can manage the wardens for the next few years, that'd be Ta.'

[the_priest]

So how/when do Priests retire? I kinda assumed the calling wouldn't just dissappear when you hit a certain age.

Retirement is at 70, and then we can have PTO (Permission to Officiate), covering weddings, services, funerals etc.. which is what I intend to do if I am physically, mentally and spiritually fit. I would move away from where I had held a position so as to not make life difficult for the next incumbent.

I think I'd quite like having a handy locum tbh.

'Oi! Gerald, can you do a wedding this w/e? I've been invited to Goodwood'.
'Oh, and if you can manage the wardens for the next few years, that'd be Ta.'

The joy is that a PTO can avoid all the messy Church duties aka church warden dealings, faculties and so on. Just turn up, take service, smile nicely and go home. No pay for it, other than travel expenses, but that is not the point of taking the service.

[KungFooBob]

With all the talk about state pension and retiring ages on the "what have you done today thread", I thought I'd check the Gov webshite and make sure I didn't have any gaps etc..

It led me to a page that predicts what your state pension might look like.

Am I reading this wrong, is it saying that I only need to contribute for one more full year before I can claim the maximum amount when I retire?

If so, after next year will my National Insurance go down?

The bit I didn't grab says "If you’re working you may still need to pay National Insurance contributions until 25 April 2046 as they fund other state benefits and the NHS".

[KungFooBob]

It's ok, I asked Google...

https://www.ii.co.uk/analysis-commentar ... n-ii510447

I had no ide this was how the state pension worked.

Unlike when you put money into a private pension, your NICs are not set aside in a ringfenced pot to be spent on your state pension when you retire. Instead, the NICs of today’s workers are used to pay the pensions of today’s pensioners.

[mangocrazy]

It's ok, I asked Google...

https://www.ii.co.uk/analysis-commentar ... n-ii510447

I had no ide this was how the state pension worked.

Unlike when you put money into a private pension, your NICs are not set aside in a ringfenced pot to be spent on your state pension when you retire. Instead, the NICs of today’s workers are used to pay the pensions of today’s pensioners.

In most non-governmental circles, that would be known as a Ponzi scheme.