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Old 14-08-2024, 22:26   #135
Damien
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Re: Here comes the tax rises

Quote:
Originally Posted by Pierre View Post
I don’t know your circumstances, nor do I want to. But as bad as that payment you received was, you’re not seriously telling me that you think the state pension is a lot of money.
Ideally, we could make the pension bigger but it went up £900 this year. How much more do you think it's realistic to expect to increase? Next year it'll be around £400.

It increases more than wages and more than any other benefit - most of which have been cut relative to inflation over the past decade. Longer term it's not sustainable if the state pension keeps outgrowing earnings. I think we probably need to look at doing something about the triple-lock when we reach parity with the average pension of some of the EU nations.

Last edited by Damien; 14-08-2024 at 22:33.
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