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News & politics

Reciprocity

(8 Posts)
vampirequeen Tue 14-Apr-20 09:38:44

www.msn.com/en-gb/news/uknews/call-to-scrap-triple-lock-on-uk-pensions-after-coronavirus-crisis/ar-BB12zypO?ocid=spartandhp

Apparently some right wing think tank feels the pensioners should lose the triple lock on pensions to show gratitude to the younger people who went into lockdown to protect us. Oddly I thought we'd all gone into lockdown to protect the NHS. It would seem that £4billion could be saved which, as they say, isn't much from the overall £100billion pensions bill. Say it like that and it may not sound so much. Take it from someone who relies solely on the state pension and it could be the difference between heating and hypothermia or food and starvation. Once again the pensioners are being blamed for financial issues as if we didn't pay into the system and are no only taking our dues.

Aspen Tue 14-Apr-20 12:18:43

The majority of pensions received are usually spent, the money going straight back into the economy. Look to the fat cats in our society who are finding it hard to know what to spend their income on. The trickle down effect has little if any effect.

Dinahmo Tue 14-Apr-20 13:01:11

This makes me so angry. The maximum UK state pension is lower than our European neighbours:

UK £141
France £304
Germany £507
Spain £513

Not everyone has private or employment pensions.

I worked from the age of 19 to 65 without a break because I am childfree. I paid my taxes and my NIC without complaint. Some of that will have gone towards the costs of running schools and universities. Some of it will have gone to funding my parents' generation pensions. Except my father died aged 55 and my mother aged 63 so they didn't take much in state benefits.

I am fully aware that I will have benefited in some way or other from the education of other peoples' children and grandchildren.

It's a great pity that the think tank didn't put a little thought into ensuring that international corporations pay their proper taxes.

May7 Tue 14-Apr-20 13:13:11

I started a thread on this matter on Chat so I'll ask GNHQ to remove smile

Whitewavemark2 Tue 14-Apr-20 13:27:17

They are lining us up for when this is over and they they will claim that the money they have spent needs clawing back.

Wrong of course, but people will go along with the lie.

Grandad1943 Tue 14-Apr-20 13:31:26

If the Tories remove the Triple lock on pensions many will have to claim Universal Credit. Then we shall witness pensioners who have paid tax in the UK throughout their working lives forced to attend food banks as the only way of supplying their essentials needs.

Just what the right in Britain loves to see.

GagaJo Tue 14-Apr-20 13:31:48

Harsh comment alert!

I would have thought that by the time this has died down, that enough older people on pensions will have died to save enough on pension money. (Domonic Cummings: Herd immunity. If some pensioners die, too bad)

SLIGHT own goal on the part of the Tories, given that their electorate are mostly older people. But I guess they think they have 4 years to wipe that from our memories.

GagaJo Tue 14-Apr-20 13:32:13

*Dominic