Triple lock commitment to be honoured

leeCal

According to sky news the triple lock commitment is to be kept this year despite it meaning a possible large hike in pension payouts for example.

https://news.sky.com/story/downing-street-defends-pledging-sharp-hike-in-pensions-while-urging-workers-to-accept-real-terms-pay-cuts-12637877

Some people might think this is unfair on those workers who are being asked to exercise restraint in their demands for higher pay. This is a complex situation.
What do you think?

leeCal

I agree @Teddybear12

Cartini

Hi @leeCal,

I`m not in that age bracket yet (7 years to go), so it won`t affect me. 

I do, however, agree that it should be paid.  The pensioners were promised it and they should receive it.  Like everything in life, I know it`s not that black and white.  Some pensioners will be on the breadline, so the triple lock will / may help them (to what degree, only they can say).  On the other side of the coin, there will be very wealthy pensioners who don`t need their pensions at all, let alone the triple lock.  You could argue that`s not fair; but they are pensioners.

To me, there`s a world of difference between pensioners, whether wealthy or not, and people who are working and who, most probably, have a better quality of life than most pensioners.

As you quite rightly say, it is a complex one.

To make your question a tiny bit more complex, and possibly contentious, I believe the government should recoup some of the furlough money they dished out, rather than penalise pensioners.

Andy

Cartini

Woodburner said:

Simple to explain. Give pensioners stuff and they vote for you. 

That`s a rather simplistic view.

Biblioklept

I don't really understand pensions enough <- that is meant to be a blushing face of embarrassment but it just looks smug sorry

Cartini

Woodburner said:

Cartini said:

Woodburner said:

Simple to explain. Give pensioners stuff and they vote for you. 

That`s a rather simplistic view.

It’s a simple explanation but not simplistic. There’s no other reason to give pensioners stuff ahead of workers.

I disagree.  Pensioners have done their "stuff" (to use your eloquant description) for the country & society and should be rewarded as such. 

I`m a worker and have absolutely no problems whatsoever with pensioners receiving the triple lock.

leeCal

Something that really bugs me is that the state pension is referred to as a benefit,
I quote from a petition started some years ago;

’As State Pension has usually been contributed to over many years, it seems wrong to title it as a "benefit", and should revert back to what it has always been called, i.e. State Pension’

 I totally agree with this quote, I paid in, involuntarily I’ll admit, for over thirty five years to get a full state pension. Grrr 😠