To think we can't afford the triple lock

[paddleboardingmum]

Things seem very weighted against young people right now in terms of tax, student loans, and then there's the cost of mortgages and childcare. I know there are some older people struggling and I do feel sorry for them. But plenty are not and I think we just can't afford the triple lock at the moment. AIBU

I don’t blame anyone for avoiding tax when you see where it goes. Who wants to work so that other people may not. This is why the welfare bill needs absolutely slashed.

This 1000%. I'm sick and tired of everyone wanting the most vulnerable in society to suffer. Society is not only comprised of the young.

While some pensioners may be classed as among the most vulnerable in society (and should be supported) we all know plenty of wealthy pensioners who don't fall into that category.

What with? You do know lots of people don’t have money left over after all bills and necessities are paid. So how do you expect them to save?

Any volunteers to live on £13k a year? It's OK for pensioners to live in poverty but not younger people?

Successive govts of all colours have totally failed to properly plan for the ticking time bomb that is our ageing population.

I don't really know what the answer is because the cold hard truth is that state provision for the retired as it currently stands is not going to be sustainable in the medium term.

Where do we go from there though? It's too late to get those who will be worst affected to make private provision. Do we encouraging multi-generational living to bring down pensioner living costs? Start building shared living quarters in a similar style to old-fashioned almshouses (not sure most pensioners would get on in typical HMOs, you'd need properly adapted properties)?

I really don't know.

Workhouses maybe would go down well on these threads.

What is the answer ?

Every adult person receives X amount per year age 18 to 120 ?
If you are capable of work, you earn more & pay more into the state system

I believe that AI will introduce a universal wage in the future.

And that is why we can't afford to support people like pensioners, because of all the people dodging tax and then saying poor me give me benefits.

Slash the benefits and there will be nothing for the tax dodgers to claim

They are entitled to the full state pension they have made enough NI contributions.

Why do you ‘need’ the triple lock? If we get rid of the triple lock pensions will still increase - by whatever the government thinks if fair. They won’t be beholden to make an increase that is overly generous though.

Navigating pension entitlements can be incredibly overwhelming and confusing for some old people. Different pensions, changes, complex eligibility rules, not being used to IT, and hidden top-ups mean that more than a million pension-age households miss out on financial support they are legally owed.

It's unbelievable (or maybe not really) how flippant and selfish so many people are. Total lack of empathy or care. Many pensioners have very little money, no family, no friends.

Meanwhile we have so many younger people on benefits these days, they're actually getting advice seeing what they are 'entitled to' on tik tok etc. Unlike oleder people they're experts looking for what they can 'get'.

Grim future for the UK with millions of lazy benefit driven entitled attitudes. I'm not a pensioner btw but funnily enough I am still able to value and care about them.

Any volunteers to live on £13k a year? It's OK for pensioners to live in poverty but not younger people?
So no younger people are poor now?

Workhouses maybe would go down well on these threads.
This kind of hyperbole does nobody any favours.

You can care about pensioners and still think the triple lock is unsustainable.

And, unfortunately, women in general, especially those at or reaching pensionable age have had their pension earning power reduced by staying at home to have children and/or being in part-time or low paying jobs.

I don't know but there are people whose circumstances meant they couldn't save. There but for the grace...

The scary thing is that it's only just over the threshold for hyperbole.

But that's not the reason you were alluding to. 🤷‍♂️

Exactly, that too. But the demographic you're talking about is not the majority of pensioners, is it?

We could afford it all if the really wealthy were prepared to hang around to be taxed you mean. But they’re not so you make a mute point.

i dont think it fair to break the political promise,people paid NI for decades with the understanding the triple lock would be honoured when they retired.
The most vulnerable pensioners would be most affected by this.

Navigating disability benefits is overwhelming, confusing, dehumanising and humiliating yet posters always want to add more hoops to jump through.

Maybe the issue is that the systems needs simplifying for users rather than adding in layers and layers of private companies making huge profits before those who need the help ever receive it?

That’s part of the ‘can I afford to stay home and look after kids’ decision though.

Haven’t wages gone up more than 2.5% over the last few years?
and inflation?
but you want to stop pensions going up?
please give your head a wobble, why would you try and hit the one think these pensioners have paid into all their lives just to hand it to one of the none workers.

what hit me a few years ago was someone on benefits with a child was getting more that me when I was working a 24/7/365 job on 12 hour shifts.
these are the people that need to have their benefits cut.
these are state pension is not a benefit.

oh but wait if you hadn’t contributed towards the state pension you then get pension credit which means your entitled to more.

It wasn't meant to. I can't believe young people are jealous of pensioners getting 1k a month to live on.