The Government has said that it plans to save a further £12 billion on the welfare bill, and that this will be from working-age claimants.
However, they either won't or can't say how they plan to do this. Now, given that two out of every three pounds of the total welfare spend goes to pensioners, how exactly can they do that without hitting pensioners?
Am I being sceptical / unreasonable in thinking that they must be planning to further raise the state pension age during the next parliament?
If what I found with Google is correct, approximately 600 000 people reach 65 each year, so a huge saving could be made there by withholding their state pensions for another year. I don't know exactly how much but if any other Gransnetters do, then please let me know.
I don't see how else they can do it without hitting pensioners.
I've got another 'keen'... Ouch!