Is ending the triple lock to fund a care service fair....

[mids2019]

To me this is actually not a hugely left wing proposal as middle classes with occupational and private pensions will not notice the reduced increases in state pension significantly.

However poorer pensioners with little other pension provision may be impacted a lot to essentially fund a care service that will be disprotioanrly help the middle classes as their life expectancy is greater.

Is it fair that our poorest pensioners get less to support a care service which would mean a millionaire pensioner would not nèed to sell their assets to access it?

And we now work to pay for your pensions and you feel entitled to more and more of our income, while also expecting us to fund the nhs and social care and all the rest!

Remind me who,when you were growing up, worked to pay for your teachers, doctors, dentists, libraries, NHS, child benefit...

Oh, that would be those of us who are pensioners now. I'm still paying because I'll be paying tax till the day I die.

It's OK, you can say thank you in your own time.

I thought there was only one. I'll have to check which one I had.

How do you hoard a house?

Smart business clothes are expensive, coffees and lunches out are much more a choice in retirement, I think it is fairly well documented that employment has associated costs.I really don't think this is disputed.

I;d be very surprised if the vast majority of people in this country have contributed anything like the amount they're taking out or will take out in the future. The basis of a welfare state as I understand it is that it's based on according to need, not money paid in.

https://en.wikipedia.org/wiki/Welfare_state

What nonsense. One of biggest cost of living crises is the absurdly high cost of housing which is due to a variety of factors including the near destruction of the social rented market through the right to buy council houses, and due to failure to build homes to meet demand. These are government policies.

You would be better off working to improve you own situation rather than bitterly blaming a fictional demographic of luxury living pensioners for your own life choices and circumstances.

Thank you for what? Your generation has amassed a huge amount of public debt already and have absolutely not paid your way. Now you want a triple locked pension and funded social care?

Do you know how population demographics work? You were in a bulge generation so had to pay less for the pensions of the people older than you as there were fewer of them and also less for the education of the people younger than you because again there were fewer of them. We now have a bulge generation getting old and expecting a smaller generation to fund all of their costs. It is insanely unfair and you should be apologising to the younger generation for making such a mess for them to inherit.

And employment usually pays substantially more than £ 12.5k a year.

Who voted in the governments that implemented these policies? Was it young people today?

VERY big cupboards under the stairs.

I was contesting the fact that your outgoings haven't changed- I don't see how that can be true.

12% of pensioners rely on the state pension alone. 75% of pensioners own their own home without a mortgage 15% have heavily subsidised council housing.

In short, most pensioners have on average a higher level of income than working people once you take into account housing costs. Yet still we think triple locking the state pension is the right thing to do. It's insane.

But generationally my point stands
https://www.resolutionfoundation.org/publications/a-welfare-generation-lifetime-welfare-transfers-between-generations/

There is only one, yes, as the other one can't be vaccinated against.

Certainly not inherently cheaper for us. Never paid transport cost to work office attached to our home also did not need special work clothes or lunches/ coffee. Could still have off peak breaks when working own company so did not have paid leave. What buses not many round here still need a car. Free prescriptions yes.
still pay the same for rates utilities fuel food household bills ect.
We spend as much now as we did when working only difference is we fund the difference between state pension and monthly costs. And yes we still pay tax

Um, until about eight years ago I had no transport costs as I cycled to work. Hybrid or full time WFH has reduced a huge number of people's transport costs. I go to work once a week and that I go in more frequently than most of my colleagues...

I buy my work clothes from charity shops. Many, many jobs don't need expensive new business suits. Even if you do clothes last years. I am still wearing a work dress I bought (new! £80) two decades ago.

You can bring lunch to work and buying coffee is not obligatory. Those are choices.

Against that pensioners feel the cold more and have high heating costs - if you go to work, your work pays that bill.

I don't see my retirement as being cheaper than working - I anticipate it being more expensive as I will have more time to fill and doing things usually costs money.

Ending the Triple lock to fund social care is actually robbing older workers because the pension will start shrinking in value.

This won't affect Boomers too much because they are already in receipt of the state pension. As Boomers age, they will probably need less anyway.

Lol! None of the governments in the past four to five decades have done anything to reverse these policies - they have happily continued them. So yes, younger generations today have voted for the governments continuing these policies.

As I said (and you quoted) treatment shouldnt be the default. If all treatment is doing is extending the period of frailty, especially when there is significant cognitive decline then in my view it shouldnt be attempted.

Boomers and Gen X need to unite. I remember my Dad trying to start a conversation with me on the way to football about me planning for retirement. "It soon comes around", he said. He was right - if only I had listened.

Young people in their 20s have only had a few elections to vote in and governments absolutely have began to unpick these policies. Right to buy rules have been tightened significantly recently for example. The most recent government got into power with a promise to build a huge amount more of social housing. You are literally talking rubbish!

I nearly spat my coffee out.😂

I didn’t say that I don’t have a private pension.

What's the £16k in savings???

If you never paid transport costs to work you are fortunate indeed. Most manual and semi skilled jobs still require in person attendance.