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Showing posts with the label pensions

These things are sent to try us: one

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My Spanish old age pension is paid by the Seguridad Social. The idea is that I get a proportion of my state pension from the UK and a portion from Spain based on my work history in each country. Yesterday the SS sent me a text message to say that there was a message waiting for me on my account page on their website. The message was quite bald. "Your retirement benefit has been cancelled. You can find more information in gestiones" - I don't know how to translate gestiones for you - maybe something like management or processes. In gestiones it said "No steps have been found". I think it may be an error or it may be an unfortunate use of the Spanish verb cancelar. It means cancelled but it means cancelled in both directions and finance language is a bit strange. It seems to be that the accounting viewpoint always reflects the situation of the payer. I'm hoping that when the SS tells me that they have cancelled my benefit they mean that they have cancelled t...

The headlong dash

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In the olden days, when we British men reached 65 we could retire. Before I left the Sceptred Isle I checked with the pension people. Yes, I was OK, I'd paid enough into the system to be entitled to a full state pension when the time came. That's not true any more. Thank goodness for that Y chromosome though. Back in those same olden days women got their pensions at 60. As a man my first payment has only been pushed back a few months, not five years. Like the British scheme the Spanish pension system is creaking. Can you imagine the scenes at the government Christmas party when the health people are ostracised by the pension people? Are you the the idiots who are keeping all those old people alive? I was reading the news last night and there was an article about pensions. It mentioned that the process of claiming is very long winded and it suddenly struck me that maybe I should be getting started. After all I've worked for most of the time that I've been here. I...