@PercyB68@JRB___2@canadiancarol1 How much is that house worth now? What’s the salary of the job you were doing now?
How have things changed since 1999?
@Benjibontheta@JRB___2@canadiancarol1 A 3-bed ex-council house, been empty for 3-years & needed FULLY gutting. Spent 10-months doing most of the work myself when I wasn’t at work in the oil industry. I was 27 & grafted in coal mines & oil industry since leaving school at 15. Oh, and I got a degree whilst I was at it!
The anger against pensioners on here is enlightening .... envy, jealousy and greed with no perception as to who will pay for their old age - because it is all about the NOW and entitlement.
@PercyB68@JRB___2@canadiancarol1 On what basis do you think you know what phone JRB has? Or what car they drive? Or what finance agreement they have? Or where their house is?
Where was your first house? What job did you have when you bought it?
@JRB___2@Benjibontheta@canadiancarol1 Your generation couldn’t teach me shit about ‘financial responsibility’ ffs! You MUST have the latest phones - on contract, new cars - on PCP, nice flats in the best parts of town - rented, etc. Your generation just ‘wants’ everything now, like it’s your god given right!
@HeatherBo63 75% of uk pensioners own their own houses.
The state should absolutely support those who need support, but that support should taper away above certain wealth threshold’s.
@JRB___2@Benjibontheta@canadiancarol1 Life, child. Life.
It will be harder for you because you are a resentful little shit who doesn't listen to the voice of experience.
@Benjibontheta@canadiancarol1 We paid into CPP for a working lifetime, and the return isn't exactly great. CPP is well funded, and should last many more years unless the government squanders it.
The problem is not pensioners, it is the government that is ruining people's economic future. Deliberately.
@diggerdog666@GBNEWS@miriam_cates I mean obviously not retroactively, I don’t think we should take stuff away from existing recipients.
But if you are at age x and have time to plan?
In the mean time the triple lock has done its job and needs to go.
@Benjibontheta@GBNEWS@miriam_cates So, because they prepared for their retirement to ensure they could maintain the same standard of living they already had, alongside paying their NIC, are you saying they should be penalised to enable those who haven't made any contributions or preparations to benefit?
‘You won’t let me talk!’
Journalist Carole Malone and @miriam_cates have an explosive debate over whether the triple lock for state pensions should be maintained.
@diggerdog666@GBNEWS@miriam_cates Broadly. Yes.
Why are we paying for millionaires?
Just because they happen to be old? We don’t do that for any other age group?
We don’t give housing benefit to people with big incomes?
It makes little sense to me.
@Johnvincentlam2@IanJon407@canadiancarol1 “Entitled”
It’s arguably “entitled” to demand more from the younger generation of workers than you gave to the generation that preceded you.
I’m not sure it’s ‘entitled’ to recognise something that’s unsustainable as being unsustainable.
As the recipient of a state pension, could I thank all those still working (including myself) for collectively paying their taxes to fund it.
Just as I did for your parents and/grandparents during my lengthy, and ongoing, working life. Something I did on the understanding that the system would continue to function, as it does.
That’s how it works. 👍
@HilaryWallace1@Elizabe76580812@canadiancarol1 No. I don’t.
The uk pension isn’t supposed to be something you rely on.
We pay a lot less tax than Belgium, (I’d be happy to see that change)
I want to see means testing.
And realistically, a proper contribution based system- or a completely private but mandatory model.
@Benjibontheta@Elizabe76580812@canadiancarol1 And still around 45% of the country where I live - Belgium. You do realise that anyone reliant on a U.K. pension will barely be surviving and you begrudge them a few more £s a month. Shame on you.
The increase in the state pension just about covers all the bills going u p in April--so when you are on a basic pension with no private pension you need the triple lock..if its stopped completely =then slowly more and more will enter into complete poverty..but that is ok right?
@HeatherBo63@JohnHalloran300 I guess that part of the issue is that at 67 you’ll retire and receive a pension that is larger then any pension paid for while you were working, and that there will be fewer workers to pay for it.
It’s unsustainable, so current workers know they won’t get the same deal.
@kazzie246@Floatymcfloater@canadiancarol1 Private pensions and additional payments to state schemes have been around for a very long time now.
As has straight forward saving/investing.
I agree though that “opt out” is better then opt in.
@kazzie246@Floatymcfloater@canadiancarol1 I suspect that if everyone in the country had invested 10% of their salary in a pension, the conversation around state pension would be very different.
@kazzie246@Floatymcfloater@canadiancarol1 No. State pensions and “public sector” (quite a variety) pensions are very different.
Public sector pensions require big contributions from workers (typically around 10% of salary) and are linked to CPI inflation, rather then the much faster rising triple lock.
@Stan2415loveu@MarkSharon_DP The triple lock is designed to increase pensions faster than wages or inflation.
The generation that benefitted from low tax and small pension spending, are the same generation that will benefit from taxing current workers more to increase pensions.
@Benjibontheta@MarkSharon_DP so what, the cost of living is going up and up..in case you had not noticed people of a certain age cannot find work or may be too unwell to work..
@MarkSharon_DP@Benjibontheta At the end of the day.. A gov either does or does not want go give its citizens an amount whereby they can live and afford to eat and heat..is that asking for too much?