Cable Forum - View Single Post - Triple-lock pension should be scrapped, say MPs

Taf · 06-11-2016, 11:07

Many Benefits frozen, some reduced, other (April) increases tied to inflation rates 6 months before (October). In reality many are getting poorer and poorer as the real cost of living of staples is much higher, especially rent, poll tax, utilities and fuel.

The triple lock increase rate seems generous, but it is actually outstripped by actual inflation and not the magical figure that appears in October.

06-11-2016, 11:07	#12
Taf cf.mega poster Join Date: Jun 2003 Location: Kairdiff-by-the-sea Age: 70 Services: TVXL BBXL Superhub 2ac (wired) 1Tb Tivo Posts: 10,443	Re: Triple-lock pension should be scrapped, say MPs Many Benefits frozen, some reduced, other (April) increases tied to inflation rates 6 months before (October). In reality many are getting poorer and poorer as the real cost of living of staples is much higher, especially rent, poll tax, utilities and fuel. The triple lock increase rate seems generous, but it is actually outstripped by actual inflation and not the magical figure that appears in October.