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How is retirement in your country?
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[QUOTE="MsDeckard, post: 5680180, member: 601036"] I believe the UK is pretty similar to the US. Here you pay national insurance from your wages and I think you need to pay in for 10 years to qualify for a state pension. The age limits are changing, I think now you have to work until you are 65 or 66 to be able to claim. As with the US the sum you receive weekly isn't enough to live on comfortably. At the moment the most you could receive is £119 a week. Employers are now required to contribute towards a private pension and you are encouraged to match the contribution. Pensions are a massive issue here as most people have not saved enough and that combined with rapidly increasing energy and property prices has meant some older people have been unable to eat properly and heat their homes. Theres loads of info on the uk gov website. [/QUOTE]
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How is retirement in your country?
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