I read this as meaning , ‘most in the private sector don’t get a final salary pension’. Most private sector pensions are now Defined Contribution rather than the Defined Benefit kind that Gordon Brown helped kill off.
Like you , I have been arguing that this was a serious mistake by the Labour Party and again like you, I have been totally exasperated by some on here who are unable to accept that the implementation of this policy has been a total disaster. The hypocrisy has, on occasion, been breathtaking.
I...
That is the reality of the situation for many pensioners and comes as no surprise to those of us who have pointed out the utterly shambolic way that Labour have gone about this business.
Clampy,
I never had you down as suffering from Gerontophobia ( yes, I had to look it up!😉)
I hope you don’t entirely believe your rather glib words regarding old people.
I do believe that many young people have had it tough for some time and continue to do so, and that it would be right that...
I’m a comfortably off pensioner and I’m not ‘crying’ over the loss of £300 for myself or my wife, but I have been pointing out the injustice of the Labour Party penalising poor pensioners who are subsisting on low incomes, just above the pension credit level, by taking away an amount of money...
As I said earlier, it would be a start and give time for a fair system to be introduced. The startling way the policy was announced was a genuine shock, and not one that anyone saw coming, especially from Labour, the party of the underdog. I genuinely don’t believe that pensioners with incomes...
Yes, of course, our off spring are the future and one hopes that their lives will be happy and fulfilling, but that is no reason to take away a benefit from the vulnerable elderly to whom £300 is far more important to them than to you and I.
The reason that this issue is dominating the headlines...
Heavens above , I just made a possible easy to implement suggestion as an interim measure. Surely it is better that than cutting off a benefit to those who really need it.
I don’t need the WFP and readily acknowledge that. It won’t affect my life one iota if my wife and I don’t receive it, but...
Lots of these ghastly Boomers you talk of and seem to have a ‘bit of a downer on’, have a need of the NHS, have children with student loans and horrendous costs of obtaining accommodation, have grandchildren who require education, the list goes on and on.
Believe you me, all these things...
Well, it would be a start and give time to devise a fairer scheme.
Alternatively, I understand that ‘Money Expert’ Martin Lewis put forward a suggestion of giving the payment to those in the lower council tax bands….not perfect, but possibly worth consideration.
Yes, the 40% bracket.
I don’t think most people would disagree that there is a strong case for ceasing the ‘universality’ of the WFP,(see my reply to Watford z), but there is a huge case to say that it is wrong to withdraw this benefit from those on very modest earnings just above the pension credit eligibility.
As...
Indeed. I have mentioned the case for stopping the universality of the WFP on at least one of my previous posts.
Your Mum sounds like a doughty lady, so best not argue!😁
I think they could have, initially, stopped the WFP for higher rate tax payers and that would have given them time to devise...
Good grief, your generosity knows no bounds.
It is not the pensioners who may have six figure sums tucked away that concerns the huge number of critics re the WPF, it is the unfortunate souls who fall just outside the threshold for claiming pension credit and are surviving on very modest...