Meet the Other Phone. Protection built in.

Meet the Other Phone.
Protection built in.

Buy now

Please or to access all these features

AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

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

592 replies

doris9034 · 19/10/2022 15:57

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.

OP posts:
Thread gallery
7
ancientgran · 19/10/2022 19:20

SarahWoodruff · 19/10/2022 19:12

@ancientgran If you feel strongly that we are all in this together, you could always donate the increase to the food banks that other* (less politically-protected) benefits claimants will have to rely on.

*State pensions are every bit as much of a handout as Universal Credit.

I already donate to the food bank but I mainly donate, by monthly direct debit, to a children's charity. One nice thing about charity giving is we can choose which one we want to support. My husband supports an international charity, again by monthly direct debit.

I hope that reassures you.

entropynow · 19/10/2022 19:21

Rushingfool · 19/10/2022 16:04

Same here. Although you can guarantee that by the time I retire, the triple lock will be binned. Poverty while working, poverty while retired. No opportunity to really live differently in this country - you can't live in a trailer like in the US for example - so you have to spend your paltry money on a bricks and mortar home and pay council tax on it, leaving you with not much left for travel etc. Doomed to sit in an armchair in a cold house watching out of the window and only dreaming of the fun you could have. Grrrr.

Of course you can live in a trailer. Knew a guy who retired to a static caravan on an all year site in the home counties. He loved it.

RockingMyFiftiesNot · 19/10/2022 19:22

Pensioners have had adequate help. That’s the point.

Please explain

Lemonlady22 · 19/10/2022 19:22

MidnightMeltdown · 19/10/2022 19:19

No they haven't! You don't understand how pensions work do you?

Current pensioners funded the pensions of the war generation that came before them (who actually needed and deserved it). It's not a bank account that you pay into and can then withdraw!

Todays baby boomers are, as a generation, much better off than todays young people, so why should todays workers be funding inflation linked rises for pensioners, when they aren't even receiving inflation linked rises themselves? Especially as they won't receive the same benefits themselves during retirement.

Todays baby boomers grew up without central heating, didn’t have a family car, didn’t go on foreign holidays etc…. they were poor, there was no benefits system to fall back on, it was hard. They deserve their pension!

Cuppasoupmonster · 19/10/2022 19:23

Lemonlady22 · 19/10/2022 19:22

Todays baby boomers grew up without central heating, didn’t have a family car, didn’t go on foreign holidays etc…. they were poor, there was no benefits system to fall back on, it was hard. They deserve their pension!

That was when they were kids. Their adult lives have been spent in times of property. They are the wealthiest demographic and that’s a fact.

doris9034 · 19/10/2022 19:24

Obbydoo · 19/10/2022 19:05

You seriously think that many of our pensioners are better off? You could argue that covid and the Ukraine war have taken over temporarily but otherwise, our demographics of an aging population is the single biggest problem we have. You will be a pensioner one day, we all will be. I bet you'll think very differently when it's your money that is under consideration.

I didnt say they were better off. And it is my money being taken into consideration now, because half of my salary is taken in tax and NI to contribute to all government subsidies and spending. I need to work for at least the next 25 years before i can think about retiring (i'll be nearly 70 then), and chances are pensions, NHS provision and any other current benefits will have changed / reduced to levels we cant even foresee now.
Its nothing to do with pensioners - it's not their fault, and im glad they get help - its the ridiculous policies of successive, ever bizarre Conservative government's that frustrates me

OP posts:
Cuppasoupmonster · 19/10/2022 19:24

*prosperity

Woolandwonder · 19/10/2022 19:29

It's a difficult one.
On the one hand I'm really pleased that the triple lock has been maintained, yeah of course it will benefit some older people who really don't need the money, which frustrates me a bit as a ftb who is now not able to buy..but i know people including my own parents who will really appreciate that extra money each week.
I really hope that you they apply the same to UC claimants. If you are a single person claiming UC it is almost impossible to live on, certainly with any dignity and quality of life.

ancientgran · 19/10/2022 19:29

Cuppasoupmonster · 19/10/2022 19:19

Pensioners have had adequate help. That’s the point.

Have they? No pensioners benefitted from the triple lock this year, we got 3.1%. Will we get it in April? Who knows but I wouldn't bet a penny of my pension on Liz Truss keeping a promise.

I still think we should be fighting for adequate benefit levels for everyone rather than having fights between different demographics.

Cuppasoupmonster · 19/10/2022 19:30

ancientgran · 19/10/2022 19:29

Have they? No pensioners benefitted from the triple lock this year, we got 3.1%. Will we get it in April? Who knows but I wouldn't bet a penny of my pension on Liz Truss keeping a promise.

I still think we should be fighting for adequate benefit levels for everyone rather than having fights between different demographics.

I look forward to seeing pensioners fighting for adequate benefits for working people.

Flagshitstore · 19/10/2022 19:38

Geez Louise. There are a lot of rich old people. They are the richest demographic. Yes, there are poor ones too, like every generation, but no generation gets the support that pensioners do. Fuel payments, free TV licenses and now this.

Primarily because they vote Tory more than other generations. People are very protective of their ‘hard earned’ wealth. Sod the fact that younger generations will have little opportunity to accumulate such wealth no matter how hard we work and how few Starbucks we have.

toulet · 19/10/2022 19:39

Todays baby boomers grew up without central heating, didn’t have a family car, didn’t go on foreign holidays etc…. they were poor, there was no benefits system to fall back on, it was hard.

lol!

My parents got a child benefit thing (different name but universal). And I remember an uncle claiming job seekers allowance (can't remember the name) when he lost his job.

Pleasebeafleabite · 19/10/2022 19:44

MidnightMeltdown · 19/10/2022 19:19

No they haven't! You don't understand how pensions work do you?

Current pensioners funded the pensions of the war generation that came before them (who actually needed and deserved it). It's not a bank account that you pay into and can then withdraw!

Todays baby boomers are, as a generation, much better off than todays young people, so why should todays workers be funding inflation linked rises for pensioners, when they aren't even receiving inflation linked rises themselves? Especially as they won't receive the same benefits themselves during retirement.

Curious that you think someone who has worked for a few years should be better off than someone who’s got 40 years of working life behind them. Please explain why a younger person should be better off

AuntieJoyce · 19/10/2022 19:48

Mistywindow · 19/10/2022 19:01

I don’t deny that there are many poor pensioners but I know a lot of elderly people sitting in very expensive mortgage free homes, with savings. With pensions, tv license help and the winter fuel payment they are more than comfortable.

The same people refuse to put the heating on because it’s too expensive and moan about being poor.

I just this could be means tested somehow. We are a country of such extremes, no one should be suffering.

Pointing out the obvious here but what do you think they’ll be the very first thing that happens the minute that pensions become means tested.

Put it this way the younger generation will be absolutely fucked when they get to retirement And never saved in a pension because it was just going to be taken away by means testing

Antigonads · 19/10/2022 19:50

Christ on a bike.

Whine whine whine.

A war. That’s what we need. That’ll sort the wheat from the fucking chaff.

Sugarplumfairy65 · 19/10/2022 19:50

toulet · 19/10/2022 18:03

@ArseInTheCoOpWindow

DM had to go to work, and she paid a neighbour to look after me

So there was childcare then?

There wasn't any formal childcare in my town when my children were small in the 80's. I was a single parent after my divorce so had the choice of living on income support or going back to work. I had to pay a neighbour's daughter to look after a 10 month and 4 year old.
In those days any child maintenance you received was taken off your income support

Bunnyfuller · 19/10/2022 19:50

Especially as so many of them caused a large part of this misery by their ‘Get Brexit Done’ voting.

my 80+ parents ‘we though it would all be like when we were growing up’

FFS. We need to change the age range on voting.

toulet · 19/10/2022 19:51

Curious that you think someone who has worked for a few years should be better off than someone who’s got 40 years of working life behind them. Please explain why a younger person should be better off

Isn't that poster referring to the fact young people have a lower standard of living than previous generations did at the same age?

toulet · 19/10/2022 19:52

@Sugarplumfairy65 what is your point? I never said formal childcare existed to all in the past. I simply said childcare did exist & working mothers used it 🤷🏻‍♀️

mirandasma · 19/10/2022 19:58

I'm a "baby boomer". Don't have a property as lost my house due to divorce and incompetent lawyer. However, I agree that the rich Boomers should not be subsidized in the way they are; for instance, getting help with heating bills when they are quite able to pay their way. Personally, I need all the help I can get. Oh, and I have never and will never vote Tory (and didn't when I was wealthy).

Pleasebeafleabite · 19/10/2022 20:01

toulet · 19/10/2022 19:51

Curious that you think someone who has worked for a few years should be better off than someone who’s got 40 years of working life behind them. Please explain why a younger person should be better off

Isn't that poster referring to the fact young people have a lower standard of living than previous generations did at the same age?

By that logic they then need to come back to this thread in 40 years and let us know how they got on

Sugarplumfairy65 · 19/10/2022 20:03

This reply has been deleted

Message deleted by MNHQ. Here's a link to our Talk Guidelines.

toulet · 19/10/2022 20:04

That doesn't make any sense. If younger people are worse of then previous generations at the same age how will they end up wealthier or as wealthy? Particularly when you add in an ageing population, stagnant wages, high housing & less favourable pension schemes.

ArseInTheCoOpWindow · 19/10/2022 20:05

@Bunnyfuller

My dm who is dead now, voted to go into the the EU in the 70’s.

She voted Labour all her life and was a very very left wing socialist and feminist who went to Greenham common. She voted Labour well into her 80’s.

Her predecessors fought to give woman the vote. She was born in the 20’s. This isn’t an age thing. Appalling ageism.

toulet · 19/10/2022 20:06

Are you always such a cunt?

Ouch, why are you so triggered?

You had to hope that family, friends and neighbours would help out.

Yeah & if they did, as my mum did, it was still childcare. What bit are you struggling with?