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Thread: Is it time to stop the triple lock?

  1. #1
    International
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    Is it time to stop the triple lock?

    It's great for you pensioners and me in the future, but it's overly generous, and we can't afford it?

  2. #2

    Re: Is it time to stop the triple lock?

    Quote Originally Posted by North Cardiff Blue View Post
    It's great for you pensioners and me in the future, but it's overly generous, and we can't afford it?
    I agree with you, I find it hard to justify in this, never ending, age of austerity.

  3. #3

    Re: Is it time to stop the triple lock?

    its unaffordable if the pension increases at least at the rate of inflation. This means that in real terms, the pension cost will become larger in real percentage terms each year, all other things being equal.

  4. #4

    Re: Is it time to stop the triple lock?

    I wouldn’t mind a 5% payrise.

    Not sure why the old folks with everything paid off need one.

  5. #5

    Re: Is it time to stop the triple lock?

    Quote Originally Posted by Canton Kev View Post
    I wouldn’t mind a 5% payrise.

    Not sure why the old folks with everything paid off need one.
    As a single demographic, they are the largest voting block. And people are by and large selfish. Despite the boomers having all eth wealth and ****ing things up for the rest of us, they know full well that taking more means less for everyone else, but they still vote for it.

  6. #6
    International jon1959's Avatar
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    Re: Is it time to stop the triple lock?

    Quote Originally Posted by Feedback View Post
    As a single demographic, they are the largest voting block. And people are by and large selfish. Despite the boomers having all eth wealth and ****ing things up for the rest of us, they know full well that taking more means less for everyone else, but they still vote for it.
    As a boomer (1959) and a state pensioner of almost 4 months standing, I am curious to know how I should have voted to not ‘take more’ as you put it.

    I am happy to pay more tax and take a smaller pension if that will improve public services and make life easier for the majority. I am not so keen if the beneficiaries (as usual) are the 1% who just get richer through Tory and Labour governments, through Covid, and through genocides and the re-emergence of fascism.

    For clarity, voting Plaid is not an option I have.

  7. #7

    Re: Is it time to stop the triple lock?

    Quote Originally Posted by North Cardiff Blue View Post
    It's great for you pensioners and me in the future, but it's overly generous, and we can't afford it?
    In short, yes.

    There has been good progress in recent years in reducing pensioner poverty but it doesn't mean the triple lock need continue forever.

    Personally I think there should be a shift towards younger people. I said this too in terms of the free bus passes. No doubt many pensioners rely on it, but you also have 60 year olds with no mortgage going about on them at the expense of young people who can barely afford rent and the cost of getting to work.

    So yeah. I think the balance needs to shift back a bit.

  8. #8
    International Heathblue's Avatar
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    Re: Is it time to stop the triple lock?

    Quote Originally Posted by North Cardiff Blue View Post
    It's great for you pensioners and me in the future, but it's overly generous, and we can't afford it?
    I think it was Sludge who suggested and was serious that we give our mums house back to the council, incidentally my daughter who is a conveyancer is working on a lot of council buy backs at the moment.

    But anyway, on a similar basis should the 25 year + Civil Servants give back their pensions and lumpers, and live on the overly generous state pension

    What do you reckon Sludge ?

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