Thanks for opening this topic. I think the elderly must really receive a cut off in their taxes. Delaying this retirement plans will just lead their lives into financial troubles in the future. The state must offer these series of periodic money payments to the person who retires from employment because of age, disability, or the completion of an agreed span of service, and should generally continue for the rest of the recipient's natural life. This will encourage them to work better before they retire, benefiting not only them but also their families. In this times of economic meltdown people must know how to make sound financial planning. Planning for a retirement benefit for example is a great way of investment. But being wise enough in choosing the right bank to support this plan is crucial. A pension plan, for example, is a great source of social security. Pension payments in the UK, for example, have lately been disrupted by British citizens living abroad. The exchange organization Moneycorp has found out that British banks have been charging some pretty steep rates for international transfers to expatriates in other countries. No doubt that a lot of people are not happy with their banks’ treatment of the pension money that they worked so hard for, only to have it penalized so a bank executive can buy another ivory plated back scratcher.