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Old 06-11-2016, 07:09   #3
papa smurf
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Re: Triple-lock pension should be scrapped, say MPs

Quote:
Originally Posted by Damien View Post
https://www.theguardian.com/money/20...l-inequalities

I doubt the Government has the guts to do it but it does seem to becoming unsustainable. The all the savings the government tries to make on benefits the state pension system blows it apart when you have to keep increasing it by the highest possible measurement. If inflation hits 4% the bill is going to explode further.

I think the inequality of in tripling tuition fees and scrapping housing benefits for the under 25s whilst introducing the triple-lock was one of the worst aspects of the austerity program.
the pension system looks after those who have worked and contributed to our nation -the benefits system is so badly abused its a joke -if inflation hits 4% savers will be better off than borrowers for a change assuming interest rates rise accordingly . i agree with you that picking on the young is wrong just as wrong as turning on the old .
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Last edited by papa smurf; 06-11-2016 at 07:14.
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