Pension..............

[Don Rafferty]

Does anyone know please, what is the process for claiming a Merchant Navy pension?

[John Albert Evans]

Futher to Don's enquiry what do you need to qualify for a pension.?

John

[Captain Kong]

Mostly it is your contributions to the Pension Fund in our case it was the NUS and then there was the MNOPF which I am getting a pension from , but I paid into that from when I became a mate.
Some shipping companies operated a Non Contributary Pension scheme as well, where it cost you nothing.
I do not know what happened to the NUS Pension. maybe John Prescott will know where all the money went. The NUS was quite wealthy with all its assets and properties. around the world. Then it was taken over by RMT.
So maybe some of them will have had it and added it to the Railway mens pension.
But as regards the NUS a lot of Questions do need answering about what happened to all our money.
cheers
Brian.

[Jim Brady]

If your talking about an NUS pension this topic every time it comes up amuses me.Forget about boy service but as a rating we paid four shillings a week Union Dues.As most did about 8 years at sea lets say that you did 10 years at sea.Lets decimilise it one year @ 20p pw =£10.40p X 10 =£104.00 paid in in total.If the whole lot went into a pension scheme how much pension would you expect out of paying in a grand total of £104.00.not a lot i would imagine.
Regards.
Jim.B.

[John Albert Evans]

Thanks Jim,

I'll keep try the Lottery then.

John

[Louis the Amigo]

hi shipmates. you dont get one we were ripped off sorry, but thats what happened.. too me ...

[John Callon]

hi shipmates. you dont get one we were ripped off sorry, but thats what happened.. too me ...

And me too.

[j.sabourn]

Pensions monetary wise have been a rip off apart from the MNOPF. I took the MNOPF at an early state due to me not being working on ships that contributed to same. I became a member of a non contributory fund for a period of 8 years with one company. When this company went to the wall, depending on who you knew in the company depended on what entitlements you got. I received nothing, as their claim was that the miniscule pension I received from the MNOPF cancelled out their obligation. Which goes back to statements I have said in the past about the Britsh Shipowner, or the Good The Bad and the Indifferent. As regards the British Shipping Federation still waiting from someone, or anyone who worked ashore what entitlements in the way of redundancies they got. What seagoing personel received was disgusting. As regards the NHI, I receive 73 pounds a week with the graduated contributions, which was what it was in 2002, this will never increase but will stay static until I die. Pension funds have been used for slush funds for politicians and shipowners in the past. The slush funds of politicians is now under investigation in Australia, with a bit of luck some of the pension fund money squandered by successive goverments will also be brought to light, by some of these scheming ratbags. JS

[happy daze john in oz]

If your talking about an NUS pension this topic every time it comes up amuses me.Forget about boy service but as a rating we paid four shillings a week Union Dues.As most did about 8 years at sea lets say that you did 10 years at sea.Lets decimilise it one year @ 20p pw =£10.40p X 10 =£104.00 paid in in total.If the whole lot went into a pension scheme how much pension would you expect out of paying in a grand total of £104.00.not a lot i would imagine.
Regards.
Jim.B.

Compound interest Jim, it may have done well. I paid in to an annuity scheme for 44 years at the rate of 10GBP per year. At the end got back 17 times what i paid in.

[Captain Kong]

Our wonderful socialist Labour Minister Gordon Brown Robbed millions out of Pension Funds. bent berstered. I saw him yesterday on TV he was sat by swimming pool in a Luxury Hotel in Nigeria. He is now a .....
as is his Bent mate, Phony Bliar,... a `UN Special Envoy.` I guess they all look after each other, and stuff the pensioners.
Brian