29 Jun 2013 4:17 PM:
http://epetitions.direct.gov.uk/petitions/51449
The above petition refers to an EU Summit that discussed the state pension levels in the EU and the aim to reach a level of 40% of their median wages as their basic state pension by 2007 and thereafter work towards 60%.
Our median wage is something like £26,500, so 40% would mean a pension of £10,600, almost double our maximum basic state pension, I'm sure we would all be happy with that, we're not greedy.
You will notice the position of Greece and Spain on the list, obviously getting almost the same state pension as workers get in wages is not sustainable, but reaching 40% would be a conservative aim. We would then be in a similar position to France and Germany.
PS. I think the median wage is also very low, so who is getting all the money?
This message was last edited by Patdean on 29/06/2013.
This message was last edited by Patdean on 29/06/2013.
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