The reason put forward by successive governments for the raising of the state pension age has always been that people are living longer. Today I read something that was posted on Facebook by one of my friends. It says that the decision has been taken by successive governments to not top up the pension fund as originally proposed by William Beverage in 1948. It is claimed that if the pension fund had been topped up by government as proposed, an additional £11.3 billion would have gone into the fund each year from 1990. From 1981 the amount paid into the fund was reduced, and from 1990 no money was paid into the fund. The principal culprits for this situation are claimed to be Lady Thatcher, John Moore, Kenneth Clark, Sir John Major, Tony Blair, Gordon Brown, Steve Webb, and Guy Opperman. It all amounts to a £271 billion shortfall into the National Insurance fund. These decisions have been made by people who will benefit from the most generous of publicly funded pensions which will make them among the wealthiest of pensioners in the country.
I apologise that I’m rubbish at doing links, and in any case this is on Facebook, but the article is apparently still available on the Webb. It is on BYLINE.COM and written by David Hencke.
I lost three years of my state pension, and I know many Gransnetters have lost the full six years. Now I know this I’m disgusted. I swallowed the line that people are living longer and though I wasn’t pleased about it and thought it unfair on many people, I accepted it. I’m assuming this isn’t false news, please let me know if it is.
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