Do you mean that even if people pay into the system, it is not certain that they are entitled to the benefit? In my country all people who contribute are "entitled" to receive a monthly pension, because in my country it is the Social Security pension, which is not just a benefit.
The Social Security pension is a benefit for people who reach the statutory age to receive the monthly payment. In my country, both public and private workers receive a monthly deduction from their salary until they reach the stipulated amount of contributions.
Yes here too, as I explained in the thread, apart from the social security pension, there is also the pension of government employees, who when they retire receive a pensioner's salary and the social security pension. Private employees receive the first one and in case they pay the private pension they will also receive it.
My country for a while was also far from these benefits. It was achieved with a mass struggle and the perseverance of retirees and pensioners, and with the support of family members. I thought this benefit was this way in most of the world.
I have read in different posts in this thread @Spicywilfred , and indeed it does not work everywhere in the world, which is unfortunate. Since it is a benefit acquired by workers over their years, delivered to a company or a government entity. I hope it becomes a reality in your country.
I agree with your contribution to this statement yes it is very necessary that you have social contribution pension this will help you to manage your social life after retirement.
Indeed, when you reach old age, when you no longer have to perform work to generate income, it is good that you can live from the comfort of your home with the pension. In some countries it is a high monthly payment and in others it is not enough. It is advisable to save for when you reach retirement, have money to complete the benefit.
It is important to have social security pension this will help you in terms of calculating your benefits and also you know how much you earn at the end of the day.
Yes, well in my country pensions are not subject to income tax. This considering that even though they are double or triple the monthly payments, they are not included as an earned salary and therefore are excluded from income tax.
I hope that at some point they will be able to implement this benefit in your country. From my country, after struggles and strikes, we were able to give pensioners the value they deserve. Also the waiting time to receive the benefit was shortened.
This is very interesting to hear about. And I am hoping that some day this thing will be made possible in my country too with the help of the legislatures to make it a law
Of course. The main idea in getting these benefits is to make them into law, so that all citizens will enjoy them without exception. By being legalized no company will be able to refuse, when the workers reach the end of their contract, either for years of service or years in age.
