Yesterday, 18:20
|
#995
|
|
Wisdom & truth
Join Date: Jul 2009
Location: RG41
Services: RG41: 1Gig VOLT
Rutland: Gigaclear 400/400
Posts: 12,652
|
Re: Reform UK's chronicles
Handbags at dawn, Carth.
---------- Post added at 17:20 ---------- Previous post was at 17:08 ----------
Quote:
Originally Posted by Mr K
I'm waiting for any party brave enough to tackle the unsustainable State Pension. What will Reform supporters do if that's what Reform decide to reform, to cut public spending ? Nige will be ok, he has a couple of quid tucked away, and like buddy Donald his priority will be making the rich richer.
Change isnt always for the better , you'd think the public would have learnt that by now.
|
Yes - you're right. The culprit is the 2½% minimum element of the triple lock. Mathematically, if annual economic growth remains below 2½% perpetually, then pensions will exceed cash available (in theory). Hence unsustainable.
__________________
Seph.
My advice is at your risk.
|
|
|