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Originally Posted by Mr K
Didn't know you were old enough to be retired Paul?
Thanks to the Govts promise to lock state pensions to the inflation rate, which they've lost control of, pensioners will now be getting >10% rises, whilst the working population get a fraction of that.
Meanwhile the country's debt increases massively and tomorrows pensioners can expect diddly squat.
Jam to bribe the Govt supporters today , sod all for future generations except having to pay for it all.
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Yeh, living the dream…
https://www.theguardian.com/society/...l%20population.
Quote:
One in five pensioners – more than 2 million people – are living in relative poverty in the UK, an increase of more than 200,000 in the past year alone, according to a comprehensive review of national data
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I get my State Pension this November, and after tax it will be £666 per four weeks, or £8,658 per annum - a 10% on that is £66.60 per four weeks, or £2.38 per day extra…
I’m lucky - I’ve contributed to workplace pensions (4 final salary, 4 defined benefit), so I don’t have to survive on the State Pension, but if you think those on State Pensions are living the life of Riley, you’re sadly mistaken.