Brendan Burgess
Founder
- Messages
- 53,771
Hi Sarenco
Thanks for reminding me of that. I had made a few contributions to that thread, but I got confused by all the discussion back and forward.
I might be missing something.
But for 4%, a self employed person gets the full contributory old age pension ( Cost to the state in in 2014: €5.5 billion)
For an extra 10.75%, the employed person gets €1.7 billion in illness, invalidity and jobseekers.
I don't know what the solution is, but I think that the benefits should be brought into line with the costs.
Put the 4% paid by the self employed into a fund, and pay them a pension out of what they have accumulated.
Charge those who qualify for Jobseekers a premium for it. It would be a lot less than 10.75%.
Brendan
Thanks for reminding me of that. I had made a few contributions to that thread, but I got confused by all the discussion back and forward.
I might be missing something.
But for 4%, a self employed person gets the full contributory old age pension ( Cost to the state in in 2014: €5.5 billion)
For an extra 10.75%, the employed person gets €1.7 billion in illness, invalidity and jobseekers.
I don't know what the solution is, but I think that the benefits should be brought into line with the costs.
Put the 4% paid by the self employed into a fund, and pay them a pension out of what they have accumulated.
Charge those who qualify for Jobseekers a premium for it. It would be a lot less than 10.75%.
Brendan