The triple lock must be scrapped. It is economic suicide.
fgalv on
Cool, so just another 8 or 9 billion for the chancellor to find down the back of the sofa, every year, forever, in addition to the £138 billion it already costs.
Very good and sustainable.
Neat_Owl_807 on
So working age families will have to pay more tax or accept far worse public services to support pensioners who live in mortgage free houses.
To make matters more frustrating they achieved those properties often with one working parent.
Oh and those houses they live in are now unaffordable doing the same jobs they did back in the day
ukredimps2k on
Some generations have all the luck… why is everything so damn one sided. How about we give younger generations a chance?!
jtthom on
Already the biggest welfare bill by far. The Tories really set a trap with this policy. It’s rapidly bankrupting the country and will get worse every year.
I_miss_Chris_Hughton on
The last 15 years of economic growth have been funneled into pensions and social care. Tbe previous 30 had been dumped into tax cuts for that same generation.
Its the greatest looting of the state ever imagined.
The state pension should be tied directly to the budget surplus of the prior 50 years. Of rhere wasnt one, tough shit.
SmackedWithARuler on
Oh good, I personally never wanted to retire so I’m glad I can pick up this bill for the rest of my life.
Shawn_The_Sheep777 on
The triple lock should be scrapped but while pensioners are the only ones that tend to vote in a great numbers it would be political suicide for the party that scrapped it. Hopefully lowering the voting age may help to redress the balance
gphillips5 on
I’d fucking love a near 5 percent pay increase. But most of us will be getting at least a real terms cut to pay for this. Fuck the triple lock.
cherrysteve2010 on
Tax the fucking rich already holy shit im so sick of this. This wouldn’t even be controversial with a wealth tax raising more money.
SomeoneCouldSay on
We really should stop funneling all the wealth from the workers to the retired. Boomers should pick themselves up by the bootstraps. They’ve had their whole lives to save up for their retirement. If they don’t have enough to support their lifestyles they should go get a job like the rest of us.
Wacov on
We can end the triple lock now or end it in like 2 years. Or we can tax the rich. What’s it gonna be
Apprehensive_Bus_543 on
Good, when do we reach the point when pensioners don’t need all the other crap like winter fuel allowance etc
Lo_jak on
LMAO of course they will…… It’s been wild as a millennial ! i’m paying for a pension scheme that I will likely never see myself. I’m honestly expecting it to be means tested long before I get there.
esteban-colberto on
If pensioners are mostly voting for Reform or Tories, why doesn’t Labour bite the bullet and scrap triple lock? It will help them save money for spending somewhere else that is needed for their actual voter base.
JuanFran21 on
It’s actually fucked. Limiting winter fuel payments was probably the biggest factor in making this government so unpopular. Changing the triple lock would be electoral suicide. At this point, pensioners are essentially a protected political class and idk how any government can possibly deal with it.
AndAnotherThingHere on
But still one of the poorest state pensions in Western Europe.
cartesian5th on
So Labour turn around every six months and drone on about „tough decisions“ and „broadest shoulders“ while they spunk billions in tax revenues up the wall on this mental unqualified handout
Lovecraftian666 on
BBC comments section full of boomers thinking the state pension is a piggy bank they’ve paid into (it’s not it is paid by current taxpayers) and young people are being misled about it lol
beIIe-and-sebastian on
Fuck it. Run a referendum on scrapping the triple lock. If No then have ranked choice options of what should be cut instead to pay for it.
wkavinsky on
Tell you what isn’t going to rise by 4.7% – my salary.
Likewise, the ~£35,000 a year that the govern gets in revenue from me isn’t going to rise by that much.
jarvxs on
They’re a lucky bunch aren’t they. Meanwhile, me at 30…
Significant-Gene9639 on
This is literally taking food out of the mouths of and clothes off the backs of children of working parents to fund the future inheritance of the middle class.
fullpurplejacket on
I’ll say it again, land tax, a few quid tourist tax, mega corporation tax for companies that use local roads and infrastructure but divvent pay for them (cough cough Amazon I’m lookin at you Bezos!) and holiday home tax in tourist driven microeconomies.
Don’t @ me either guys, I don’t reply to comments unless I get an award because I’m anxious of confrontation 🤣
millerz72 on
Meanwhile most workers have had sub-inflationary pay rises for the past few years. All worth it to subsidise our geriatric overlords though
CaptainHindsight92 on
Can someone explain to me why the state pension is locked at or above inflation but wages aren’t? Surely for one to be the other has to be as well?
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26 Kommentare
The triple lock must be scrapped. It is economic suicide.
Cool, so just another 8 or 9 billion for the chancellor to find down the back of the sofa, every year, forever, in addition to the £138 billion it already costs.
Very good and sustainable.
So working age families will have to pay more tax or accept far worse public services to support pensioners who live in mortgage free houses.
To make matters more frustrating they achieved those properties often with one working parent.
Oh and those houses they live in are now unaffordable doing the same jobs they did back in the day
Some generations have all the luck… why is everything so damn one sided. How about we give younger generations a chance?!
Already the biggest welfare bill by far. The Tories really set a trap with this policy. It’s rapidly bankrupting the country and will get worse every year.
The last 15 years of economic growth have been funneled into pensions and social care. Tbe previous 30 had been dumped into tax cuts for that same generation.
Its the greatest looting of the state ever imagined.
The state pension should be tied directly to the budget surplus of the prior 50 years. Of rhere wasnt one, tough shit.
Oh good, I personally never wanted to retire so I’m glad I can pick up this bill for the rest of my life.
The triple lock should be scrapped but while pensioners are the only ones that tend to vote in a great numbers it would be political suicide for the party that scrapped it. Hopefully lowering the voting age may help to redress the balance
I’d fucking love a near 5 percent pay increase. But most of us will be getting at least a real terms cut to pay for this. Fuck the triple lock.
Tax the fucking rich already holy shit im so sick of this. This wouldn’t even be controversial with a wealth tax raising more money.
We really should stop funneling all the wealth from the workers to the retired. Boomers should pick themselves up by the bootstraps. They’ve had their whole lives to save up for their retirement. If they don’t have enough to support their lifestyles they should go get a job like the rest of us.
We can end the triple lock now or end it in like 2 years. Or we can tax the rich. What’s it gonna be
Good, when do we reach the point when pensioners don’t need all the other crap like winter fuel allowance etc
LMAO of course they will…… It’s been wild as a millennial ! i’m paying for a pension scheme that I will likely never see myself. I’m honestly expecting it to be means tested long before I get there.
If pensioners are mostly voting for Reform or Tories, why doesn’t Labour bite the bullet and scrap triple lock? It will help them save money for spending somewhere else that is needed for their actual voter base.
It’s actually fucked. Limiting winter fuel payments was probably the biggest factor in making this government so unpopular. Changing the triple lock would be electoral suicide. At this point, pensioners are essentially a protected political class and idk how any government can possibly deal with it.
But still one of the poorest state pensions in Western Europe.
So Labour turn around every six months and drone on about „tough decisions“ and „broadest shoulders“ while they spunk billions in tax revenues up the wall on this mental unqualified handout
BBC comments section full of boomers thinking the state pension is a piggy bank they’ve paid into (it’s not it is paid by current taxpayers) and young people are being misled about it lol
Fuck it. Run a referendum on scrapping the triple lock. If No then have ranked choice options of what should be cut instead to pay for it.
Tell you what isn’t going to rise by 4.7% – my salary.
Likewise, the ~£35,000 a year that the govern gets in revenue from me isn’t going to rise by that much.
They’re a lucky bunch aren’t they. Meanwhile, me at 30…
This is literally taking food out of the mouths of and clothes off the backs of children of working parents to fund the future inheritance of the middle class.
I’ll say it again, land tax, a few quid tourist tax, mega corporation tax for companies that use local roads and infrastructure but divvent pay for them (cough cough Amazon I’m lookin at you Bezos!) and holiday home tax in tourist driven microeconomies.
Don’t @ me either guys, I don’t reply to comments unless I get an award because I’m anxious of confrontation 🤣
Meanwhile most workers have had sub-inflationary pay rises for the past few years. All worth it to subsidise our geriatric overlords though
Can someone explain to me why the state pension is locked at or above inflation but wages aren’t? Surely for one to be the other has to be as well?