Quote:
Originally Posted by Damien
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.
|
Why should pensions get raised to the rate of EU nations for a generation who consistently voted for low tax, small state governments for the best part of their working lives?
UK pensioners have no divine right to the things they consistently voted against through their working lives in their own retirement.
https://ifs.org.uk/taxlab/taxlab-key...lly%20a%20year)