modurham retweetledi

🚨The state pension & triple lock is the hot topic of the day — but almost no one is discussing what actually happened and why we’re in this mess. Instead, governments are dividing older and younger generations with perverse gaslighting. Here’s the truth:
National Insurance was explicitly sold for generations as a contributory scheme. You paid your “stamps” to build entitlement to your state pension — exactly like road tax was introduced and meant to fund the Road Fund for building and maintaining roads.
Both started with a clear promise: pay in for a specific purpose.
Then governments quietly broke the ring-fencing/promise. Road hypothecation ended in 1937. NI became mostly pay-as-you-go — today’s workers funding today’s pensioners, with surpluses spent on the priorities of the day (NHS, welfare, whatever suited the government).
Why are we here now?
• Collapsing birth rates since the 1960s + longer lifespans.
• Mass immigration that failed to fix the worker-to-retiree ratio as promised.
• Decades of political short-termism: treating the National Insurance Fund like a slush fund instead of properly ring-fencing or investing it for the future. See Singapore for the gold standard.
Now the gaslighting ramps up: “No one paid into a pot.” “It’s just a transfer from poorer young to wealthier old.” “The triple lock is unaffordable.”
This is classic deception by government. They collected contributions under one set of expectations, spent the money elsewhere, then rebranded the promise when demographics caught up. Pensioners who worked 40-50 years and upheld their side of the intergenerational contract are suddenly the villains.
It’s perverse. Instead of admitting “we broke the funding model,” politicians pit generations against each other. The young aren’t subsidising the old out of nowhere — they’re paying into the same broken system their elders did.
Honour the existing promises to those who already paid in. Cut the real waste first (illegal migration costs, foreign aid, Net Zero subsidies, welfare bloat). Then reform properly for the future: move towards individual accounts with actual investment and returns — like Singapore’s CPF.
Stop the divisive nonsense. Fix the root causes instead of rewriting history and turning the country against itself.
Feel free to engage👇🏽
#TripleLock #StatePension
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