Pensions to rise with inflation - but what about working people???

[doris9034]

BBC Website: "Liz Truss and Chancellor Jeremy Hunt jointly agreed to guarantee that the state pension rises with inflation next year - thereby maintaining the "triple lock" - ahead of PMQs this morning, Downing Street says.
In a huddle with reporters after PMQs, the prime minister's official spokesman said the decision reflected the "unique position" of pensioners who are "unable to increase their earnings through work"

But I - and millions of others - are also unable to "increase our earnings through work" because we are in the middle income bracket, our employers do not have the capacity to raise our earnings in line with inflation and we don't qualify for any state related benefits.

So, whilst I 100% don't begrudge the helping of pensioners (many of whom are probably among the better off anyway), I can't help but feeling a bit annoyed that it always seems to be the ordinary working person / family that never gets any respite from the ever increasing cost of living.

well of course the ‘70’s saw record wage growth as for the first time women had to be paid equal salaries.

So woman were actually paid equal salaries? and mens salaries didn't grow?

@XingMing where did I say I was a chambermaid?

It's a bit of a bizarre claim that paying NI means someone was "well paid".

yep

However, there is far less home ownership amongst younger generations so its getting more and more skewed. The mortgages are also longer now and require higher deposits in proportion to salary and ability to save (while paying private rent).

this is the difference

Of course not. Women are still paid less than men on average - 52 years after the Equal Pay Act.

So that's not really the reason why the 70s saw large wage growth, I think inflation was a big factor personally.

It was one factor. The other was that 50% of workers belonged to a union and they had some real power in those days.

Of course the unions were stronger then but nonetheless they wouldn't have been pushing for rises if it wasn't for inflation.

Interestingly Rishi refused to confirm the triple lock would be kept in place. Oooh those DM readers are going to be mad!

You could have an arguement in an empty room, couldn’t you.

Another ironic post!

Sorry @nootsy . Someone here was a chambermaid they said, but clearly, not you!

@nootsy, one belongs to a union to lend one's voice to keeping up with one's cohort. If boilermakers have a 15% pay rise, then engine driveers want the same.

Of course the unions were stronger then but nonetheless they wouldn't have been pushing for rises if it wasn't for inflation

Were you around in the 70’s. The unions pushed for everything. It was great!

It was. Without unions we wouldn’t have equal pay, maternity benefits, flexible working. Basically all the working conditions we take for granted now are thanks to unions representing workers. We need more union membership now.

Yeah, they pushed for everything. And now it’s all being destroyed.

We need more unions.

I know what unions are, I'm in one. Even with more unions things are very different today as the public sector is smaller & growth of overseas imports.