To be glad triple lock going and hope they means test it too

[Randomamsi]

I have a multi millionaire senior relative who receives £1,400 from the state pension each month, in addition to 6k private pension.

He's not means tested and he's received that for 30 years. Yes, he paid into the system but he does not need it!!! He also had free uni, dirt cheap first house back in the 60s and retired aged 59.

Meanwhile the younger generation:

• thousands in student loan debt
• asset poor as can't get on the housing ladder
• means tested for child benefit, tax free childcare etc
• working until late 60s/ 70s

Why do pensioners have it easy while younger ones pay the price?

For vulnerable pensioners at risk of poverty, there should obviously be provision to help them, I'm not suggesting we let people starve. But multimillionaire pensioners or very asset rich pensioners do NOT need the state pension. It's about time things changed.

Which other benefits do you pay into?

And a lot will receive less

My understanding is that whether you get the old or new state pension is determined by date of birth.

But the amount of money you get is not as simple as you think.

That reminds me. Ask for a pension forecast.

Disabled are excluded as they should be covered by disability benefits. Perhaps caring should be treated similarly eg akin to NI credits

Well aren't you lovely.

I don’t think it’s fair to destine those with low intelligence to low pay. I’m seen some particularly low IQ folk in senior roles. Similarly high IQ not needed in many roles eg recruitment

I’m not talking about people who are a bit dim. I’m talking about people who can barely function. There are a lot of them.

They would classify for learning disability.

The rest can and should do physical work which doesn't require high IQ. And yes, some are likely to be poor. Poor in UK relative terms.

It doesn't really matter what the nominal price tag on the house is when you need to live in it.

As I showed in the table above, young people need to commit a very similar percentage of their income - for the same amount of time - to build up the asset. The return on that asset after 25-40 years is a paid-up house they can continue to live in.

The higher nominal price tag doesn't even help the generation who inherit the house! They still inherit eg 'half a paid off house', regardless of what the £number is.

So the 2026 person - having inherited half a house - only needs to dedicate 22% of their average earnings to buy an average house, rather than 44% for someone who doesn't inherit.

Not very different to a 1995 person - having inherited half a house - who needed to dedicate 19% of their average earnings to buy an average house, rather than 36% for someone who doesn't inherit.

It’s damn stupid to think the state pension will ever be means tested because that would be a perverse incentive for people to stop paying (often hundred of £££ every month) into occupational or private pensions. Enjoy the money in their pockets in the here and now and get the full state pension.
Total opposite of what the govt wants and has encouraged people to do through auto enrolment

Just trying to fit in

Not everyone who is disabled gets disability benefits

What do you mean classify for learning disability. Not everyone can do physical work. Seriously. You clearly don't have a clue of the challenges some people face in their day to day lives.

Some people don't inherit anything. Its not something that people should assume is going to happen to them

They have worked a bit hard but my mum worked very part time and while my dad did work hard I don’t think he worked harder necessarily than other people. They were lucky. They benefited from systems that were set up to make them money.

And if you're retired and own your own home, you paid a mortgage when your children were young. We weren't born retired.

That depends on how long you live.

I know of several men who snuffed it before retirement age and therefore got nothing and neither did their wives.

You ,may quibble about the exact number, but £16 billion in unclaimed benefits should really be a national scandal.

You get training for that.

A female I know trained as a Prison Officer which requires no formal qualifications but needed -
Online Tests: Scenario-based judgments and basic number and reading skill tests.
Assessment Centre: An interview, a written test, and role-play exercises to check your personal values.
Health and Fitness: Medical screening, eyesight and hearing checks, and a physical fitness test.
Training Provided
Foundation Training: Once hired, you complete comprehensive training (such as the Prison Officer Entry Level Training) covering safety, de-escalation, and restraint.
Qualifications Gained on the Job: You earn professional credentials during your employment, including a Level 3 diploma.

I'm not quibbling. I'm trying to state that getting disability benefits isn't an easy process for a lot of people

I've posted this on here before. My colleague, 40 years Local Govt service, single, retired at 60. He died age 61 and his year of retirement started in the January before lockdown. He spent most of it alone. Never got a state pension.

The young people on here can't seem to enjoy their lives for being jealous of people older people than them who have went through the exact same things!

What a way to live.

No, not really. It is categorised as a benefit in the National Insurance Act 1946 and in the Beveridge Report. The fact that it's a benefit is legally significant as it means that Parliament can change the rules (age, conditions, amount etc), whereas if it were a proprietary right they would not be able to do this.

I'm not sure why people argue about this. Categorising it as a benefit is a fact about how the state pension works- it's not a slur on people who receive it.

Yes, well, there are always boundary cases 😁.
Doesn't invalidate my point though

Sickening isn't it? Maybe their principles will stop them from accepting a huge inheritance. All this moaning because your relatives are extremely well off is incomprehensible to me. My inheritance when both parents died in the same year was a 9 year old sister.