Sunday, December 14, 2008

State Pension bridge loan

As I write this I am very conscious of the late full moon which hit us either for a six (good cricket phrase) or for a ? in baseball terminology. So, then the latest news is now available as to my state of mind regarding this post-lunar reflection for anyone, friend or foe, who would or could even care two hoots.

As of November 12th 2009 I will be eligible for a state pension (from the UK) and, having made that comment have to tell you that I have only until April 9th 2009 to come up with a lump sum, roughly 2000 GBP or $4000 dollars in arrears which will enable the UK government to give me a maximum of the minimum pension, roughly $600 a month which is the equivalent of Social Security in the US.

Why an arrears payment and the root cause of a need at all for a bridge loan?

I managed to contribute 18 years out of the 44 years I could pay as a male into the National Health Insurance plan for a FULL STATE PENSION. Apparently, recent laws in the UK will allow me to pay off two more years in a lump sum by this date (4/9/09) to make up for the lack of contributions. THEN, if I can pay this sum off in time, that will make me eligible for a maximim UK state pension by only paying a further lump sum contribution into the treasury coffers of the UK government.

Thus, I am asking for contributions, loans, and offerings from anyone who feels safe in making this happen within the 4 month period between now and then, obviously they will be repaid as the lifetime inheritance become due in November of 2009. A safe bet.

PS Other micro managers in Ortega 351D have alternatively suggested a recommendation for David as in a MacArthur Fellowship-see below )

http://www.macfound.org/site/c.lkLXJ8MQKrH/b.959463/k.9D7D/Fellows_Program.htm

1 comment:

  1. (PS Other micro managers in Ortega 351D have suggested a recommendation for a MacArthur Fellowship)

    http://www.macfound.org/site/c.lkLXJ8MQKrH/b.959463/k.9D7D/Fellows_Program.htm

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