So a cross-party committee of MPs has demanded the pension triple lock, which was introduced in 2012, should be scrapped at the end of 2020!
According to the Work and Pensions Committee, the pension lock which guarantees a rise in the state pension of 2.5% – or price inflation or average earnings growth – is no longer justifiable in these times of low inflation. Is 2.5% too much for hard-working folk who have worked all their lives and paid heaven knows how much in taxes? Now they say that the over 65s are taking too much out of the system!
Let the government be honest with us for a change. We don’t want to be bamboozled with fancy figures; we just need to know how much (or should I say how little) we are going to get from now on.
At our age it’s not as if we can just go out and get a part-time job (though I know many of us have to). Why should we have to subsidise the government and all their expenditure? We’ve ‘done our bit’ and should be allowed to enjoy our retirement without having to worry about where the next shilling is coming from.
Not only that, but they have also recommended that our Winter Fuel Allowance AND our free television licences should be ‘re-examined’, as they call it. We all know what that means!
The Winter Fuel Payment is worth at least £100 and up to £300 – that’s a lot of money to many old folk. What are we supposed to do? Freeze? I mean for some of us, that extra few quid can literally mean the difference between life and death. I don’t imagine that these so-called ministers have to worry too much about keeping warm this winter!
The report says that the universal Winter Fuel Payment is “not focused on those who need it most” and is a “blunt instrument” to tackle fuel poverty. Tell that to some of us who can’t afford to keep our homes warm!
And what about cutting the free TV licences for the over 75s? Well, that’s just being mean and penny-pinching. This is nothing short of disgraceful.
We have the right to the basics in life. Is keeping warm and a bit of free telly too much to ask for?
What do you think?