With the tax free allowance being locked until 2028 won’t that just mean pensioners will be paying a lot of the rise back in tax due to being above £12,570?
BlinkysaurusRex on
They have got to introduce some reform for this shit. Get rid of the triple lock.
At least give people the opportunity to waive their state pension. How insane is it that you can’t just turn it down? Some people would do it, I would. If you’ve got a decent private pension, whats the point. If even a small subset of people choose to, it would still ease pressure on public finances. Maybe they could throw in some little incentives.
HenrahX on
It looks like it rises roughly by 8.20 per week after income tax.
I didn’t do a proper calculation. Just a tired mans calculation.
seadoubleyou73 on
Bloody pensioners on benefits dragging this country down
suihpares on
What about Carers on Carers Allowance? We can’t even afford to move out from the parents we care for? Don’t get any help with rent at all.
What about unemployed who are being rejected by employers who take to long to hire anyway? The money isn’t enough to cover basic cost of living…
NonagoonInfinity on
They like their scheme about getting disabled people back into work, why don’t they try one for getting pensioners back into work?
purpleisafruit1 on
Question is, which political party will be brave enough to take action against the triple lock? It’s economic suicide that has to be tackled sooner or later, no ifs no buts. There won’t be enough NI contributions to fund this ill-thought scheme soon enough.
Sorrytoruin on
Can we means test it at some point?
There’s so many rich pensioners, millionaires getting the state pension
It’s like if a rich banker got universal credit, it seems wrong
Usual_Ladder_7113 on
Surely this should be benefits tested, my mother in law has a couple of million and collect this pension, bloody ridiculous. Us millennials are paying for it and we will not get anything like it when we aim to retire
About_to_kms on
Surely if your net worth is over £1m you should be excluded from state pensions
Dry-Post8230 on
The rise is less than the real inflation rate, which they use for student loan interest.
OilAdministrative197 on
Whos getting the biggest non productive inflation busting pay rises every year?
Pensioners.
Who got their taxes cut by 50% over the last 20 years?
Non workers gaining money by capital gains like rishi sunak.
Whos expected to have more tax with worse pay than 2008?
Everyone else.
two_hats on
And young people struggle for work, while being vilified for claiming benefits. Make it make sense.
highlandpooch on
Yay another cruise each year for the richest generation in British history all at the expense of future generations. Love me a bit of inter generational theft.
Due-Employ-7886 on
38M peoples money to be redistributed to the wealthy.
8u11etpr00f on
Just add it onto the pile of things the middle class already pay for
kahnindustries on
58m people to suffer from state pension increase tomorrow
WaitroseValueVodka on
Meanwhile, nurses work long days in shit conditions and get another below inflation pay rise.
I often get abuse from pensioners too.
SpyChinchilla on
Meanwhile, my wage continues to stagnate, I can’t afford to contribute much toward my pension. And I’ll be fucked come retirement. Let’s just hope I die before I’m unable to work…
Thinguist on
We should take the vote away from anyone who lives on public money. It would prevent the runaway collapse of people voting to give themselves the treasury. Want to keep voting as a boomer? Turn down your state pension.
BonanzoidDeathgrip on
It’s nice to see pensioners get something, it’s about time
Minute-Story301 on
And how many people will suffer because of this in the long term…
AnAncientOne on
If we rejoined the EU we’d have better growth so problem solved
xwell320 on
Wonder how many times state pension age will increase by the time I get there… not going to see a penny are we?
Ok-Inflation4310 on
Pah, that increase isn’t enough to get me a Starbucks every day.
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25 Kommentare
With the tax free allowance being locked until 2028 won’t that just mean pensioners will be paying a lot of the rise back in tax due to being above £12,570?
They have got to introduce some reform for this shit. Get rid of the triple lock.
At least give people the opportunity to waive their state pension. How insane is it that you can’t just turn it down? Some people would do it, I would. If you’ve got a decent private pension, whats the point. If even a small subset of people choose to, it would still ease pressure on public finances. Maybe they could throw in some little incentives.
It looks like it rises roughly by 8.20 per week after income tax.
I didn’t do a proper calculation. Just a tired mans calculation.
Bloody pensioners on benefits dragging this country down
What about Carers on Carers Allowance? We can’t even afford to move out from the parents we care for? Don’t get any help with rent at all.
What about unemployed who are being rejected by employers who take to long to hire anyway? The money isn’t enough to cover basic cost of living…
They like their scheme about getting disabled people back into work, why don’t they try one for getting pensioners back into work?
Question is, which political party will be brave enough to take action against the triple lock? It’s economic suicide that has to be tackled sooner or later, no ifs no buts. There won’t be enough NI contributions to fund this ill-thought scheme soon enough.
Can we means test it at some point?
There’s so many rich pensioners, millionaires getting the state pension
It’s like if a rich banker got universal credit, it seems wrong
Surely this should be benefits tested, my mother in law has a couple of million and collect this pension, bloody ridiculous. Us millennials are paying for it and we will not get anything like it when we aim to retire
Surely if your net worth is over £1m you should be excluded from state pensions
The rise is less than the real inflation rate, which they use for student loan interest.
Whos getting the biggest non productive inflation busting pay rises every year?
Pensioners.
Who got their taxes cut by 50% over the last 20 years?
Non workers gaining money by capital gains like rishi sunak.
Whos expected to have more tax with worse pay than 2008?
Everyone else.
And young people struggle for work, while being vilified for claiming benefits. Make it make sense.
Yay another cruise each year for the richest generation in British history all at the expense of future generations. Love me a bit of inter generational theft.
38M peoples money to be redistributed to the wealthy.
Just add it onto the pile of things the middle class already pay for
58m people to suffer from state pension increase tomorrow
Meanwhile, nurses work long days in shit conditions and get another below inflation pay rise.
I often get abuse from pensioners too.
Meanwhile, my wage continues to stagnate, I can’t afford to contribute much toward my pension. And I’ll be fucked come retirement. Let’s just hope I die before I’m unable to work…
We should take the vote away from anyone who lives on public money. It would prevent the runaway collapse of people voting to give themselves the treasury. Want to keep voting as a boomer? Turn down your state pension.
It’s nice to see pensioners get something, it’s about time
And how many people will suffer because of this in the long term…
If we rejoined the EU we’d have better growth so problem solved
Wonder how many times state pension age will increase by the time I get there… not going to see a penny are we?
Pah, that increase isn’t enough to get me a Starbucks every day.