Would you vote for Labour/Getting rid of Triple Lock at the next general election?

[mybiggreenfrog]

Yes (YABU)
No (YANBU)

Ok well a simple Google search of "do tax payers underwrite local government pensions" gives the answer. Yes. And also fund the local government employer contributions of 75% of payments.

I dont think that was the point I was making. I was just pointing out who funds the pensions which is a question of fact. I haven't got a view on whether they are reasonable or unreasonable. It is what it is. (Although I personally would appreciate a oension underwritten by the state obviously)

Oh right I see.

Why sealions, oh wise one?

Rent would not be market value it would be a social rent.

There are basically 3 groups of pensioners

Rich pensioners with a big pension pot who don't need the state pension

Poor pensioners - never saved a penny and get subbed out with pension credit so lots of freebies

Those of us who saved in a modest occupational pension who are just about managing and get shafted every which way.

Did that. Couldn’t find it. The LG scheme is a funded scheme.

pensions.gov.scot/local-government/your-local-government-pension-scheme/local-government-pension-funds

Scotland I don't know about.

And I do.

What you are not acknowledging is that you cannot just decide to change pension terms and conditions , once members are enrolled accrued pension contributions and terms are protected
NHS pensions were changed in 2008 and in 2015, however it was found to be discriminatory and so members enrolled between 2015 and 2022 are currently slowly being sent statements with their remedy options under McCloud
Mess around with pensions at your peril
Its very heavily regulated
How much is this massive backdated remedy going to cost to administer?

Billions

It wasn't @Blossomtoes who first mentioned it. Why not address your sarcasm to the poster who did?

No idea. Perhaps you should question the “wise one” who initially used the term.

So, we will have election soon, most likely is 2027.

Healey set to delay difficult choices with ‘breathing space’ UK Budget

It's a clever tactic from AB to catch stupid votes.
He promised everything to everyone (apart from pensioners of course, but who cares). Didn't say a word how he is going to fund it. The Budget will be a breathing space one. So there is a narrow window of opportunity when people are given "hope", but not yet told what's going to be taken from them instead.

Bingo.

Im not being sarcastic. She was the one who told me what sealioning was which is why I replied to her. Don't pipe up if you're going to get things wrong.

It harrassing/ faux questions/ haranguing someone so that you can then jump on their reaction... 👀

Oh give over. Don't be so dramatic. And using forward slashes when commas could do perfectly well. So flashy with your punctuation/sentence construction.

I did not expect to be bickering about sealions on the politics section either today. MN never disappoints.

So do private sector workers, but they get less pensions in retirement than public sector workers on similar wages, plus less tax free lump sum, etc. Likewise private sector employers pay in less than public sector employers (i.e. the taxpayer).

A private sector worker would have to pay in a lot more than a public sector worker to get the same level of pension benefits.

So kicking the problem into the long grass again then! Wonderful. When we NEED a strong Chancellor to make difficult urgent decisions, we get another can kicking whilst our debt and interest continues to increase out of control.

Just one more step closer to IMF bailouts which WILL result in massive spending cuts and tax rises.

But that's exactly the same with working age people. Those who can't be bothered to work, or work part time, earning low wages, get benefits. Those who are on very high wages don't need benefits and can afford a good lifestyle.

The "squeezed" middle struggle.

Cry me a river.

This works both ways though. People will think similarly back.

Because it's irrelevant - too small a saving for the politicians to suffer all the negative media and "sad faces" on social media to scrap it. They'll just let it fade away as inflation makes it an irrelevance.

I'm not the one moaning about people who have better pensions than me.

But you are the one bemoaning public sector workers on lower salaries than private sector ones.

In my view the best way would be to equalise public and private sector provisions and salaries.

No I'm not.

You are the one with the ‘cry me a river’ line though. In any number of situations that could be reversed.