With the tax free allowance being locked until 2028 won’t that just mean pensioners will be paying a lot of the rise back in tax due to being above £12,570?
BlinkysaurusRex on
They have got to introduce some reform for this shit. Get rid of the triple lock.
At least give people the opportunity to waive their state pension. How insane is it that you can’t just turn it down? Some people would do it, I would. If you’ve got a decent private pension, whats the point. If even a small subset of people choose to, it would still ease pressure on public finances. Maybe they could throw in some little incentives.
HenrahX on
It looks like it rises roughly by 8.20 per week after income tax.
I didn’t do a proper calculation. Just a tired mans calculation.
seadoubleyou73 on
Bloody pensioners on benefits dragging this country down
suihpares on
What about Carers on Carers Allowance? We can’t even afford to move out from the parents we care for? Don’t get any help with rent at all.
What about unemployed who are being rejected by employers who take to long to hire anyway? The money isn’t enough to cover basic cost of living…
Pale_Slide_3463 on
My mum is never gonna retire haha she’s 65, they keep moving it before her birthday, June is a terrible month to be born
NonagoonInfinity on
They like their scheme about getting disabled people back into work, why don’t they try one for getting pensioners back into work?
purpleisafruit1 on
Question is, which political party will be brave enough to take action against the triple lock? It’s economic suicide that has to be tackled sooner or later, no ifs no buts. There won’t be enough NI contributions to fund this ill-thought scheme soon enough.
Sorrytoruin on
Can we means test it at some point?
There’s so many rich pensioners, millionaires getting the state pension
It’s like if a rich banker got universal credit, it seems wrong
AdamLondonUK on
£11 per week. It’s safe to assume they’re not off on a cruise with the increase.
Spudsmad on
Can somebody explain why the State Pension is labelled as a benefit.
The weekly largess is based on your working life NI payments , albeit paid from a Ponzi scheme.
Should you have additional income from other sources , this sum plus your State Pension is INCOME TAXABLE .
So how can the SP be a benefit ??
Answers on a used postage stamp.
Global-Dare-6006 on
Why are you people such utter cunts to pensioners? My old dear is 66, she worked as a nurse for years and overall worked and paid taxes/NI for 50 years. She’s not wealthy and lives in social housing. I think her state pension is under 12k a year, try living on that with prices today.
Usual_Ladder_7113 on
Surely this should be benefits tested, my mother in law has a couple of million and collect this pension, bloody ridiculous. Us millennials are paying for it and we will not get anything like it when we aim to retire
About_to_kms on
Surely if your net worth is over £1m you should be excluded from state pensions
Dry-Post8230 on
The rise is less than the real inflation rate, which they use for student loan interest.
OilAdministrative197 on
Whos getting the biggest non productive inflation busting pay rises every year?
Pensioners.
Who got their taxes cut by 50% over the last 20 years?
Non workers gaining money by capital gains like rishi sunak.
Whos expected to have more tax with worse pay than 2008?
Everyone else.
two_hats on
And young people struggle for work, while being vilified for claiming benefits. Make it make sense.
highlandpooch on
Yay another cruise each year for the richest generation in British history all at the expense of future generations. Love me a bit of inter generational theft.
AdrianFish on
Poor Agnes and Keith now set to stretch it to _four_ cruises in a year
19 commenti
With the tax free allowance being locked until 2028 won’t that just mean pensioners will be paying a lot of the rise back in tax due to being above £12,570?
They have got to introduce some reform for this shit. Get rid of the triple lock.
At least give people the opportunity to waive their state pension. How insane is it that you can’t just turn it down? Some people would do it, I would. If you’ve got a decent private pension, whats the point. If even a small subset of people choose to, it would still ease pressure on public finances. Maybe they could throw in some little incentives.
It looks like it rises roughly by 8.20 per week after income tax.
I didn’t do a proper calculation. Just a tired mans calculation.
Bloody pensioners on benefits dragging this country down
What about Carers on Carers Allowance? We can’t even afford to move out from the parents we care for? Don’t get any help with rent at all.
What about unemployed who are being rejected by employers who take to long to hire anyway? The money isn’t enough to cover basic cost of living…
My mum is never gonna retire haha she’s 65, they keep moving it before her birthday, June is a terrible month to be born
They like their scheme about getting disabled people back into work, why don’t they try one for getting pensioners back into work?
Question is, which political party will be brave enough to take action against the triple lock? It’s economic suicide that has to be tackled sooner or later, no ifs no buts. There won’t be enough NI contributions to fund this ill-thought scheme soon enough.
Can we means test it at some point?
There’s so many rich pensioners, millionaires getting the state pension
It’s like if a rich banker got universal credit, it seems wrong
£11 per week. It’s safe to assume they’re not off on a cruise with the increase.
Can somebody explain why the State Pension is labelled as a benefit.
The weekly largess is based on your working life NI payments , albeit paid from a Ponzi scheme.
Should you have additional income from other sources , this sum plus your State Pension is INCOME TAXABLE .
So how can the SP be a benefit ??
Answers on a used postage stamp.
Why are you people such utter cunts to pensioners? My old dear is 66, she worked as a nurse for years and overall worked and paid taxes/NI for 50 years. She’s not wealthy and lives in social housing. I think her state pension is under 12k a year, try living on that with prices today.
Surely this should be benefits tested, my mother in law has a couple of million and collect this pension, bloody ridiculous. Us millennials are paying for it and we will not get anything like it when we aim to retire
Surely if your net worth is over £1m you should be excluded from state pensions
The rise is less than the real inflation rate, which they use for student loan interest.
Whos getting the biggest non productive inflation busting pay rises every year?
Pensioners.
Who got their taxes cut by 50% over the last 20 years?
Non workers gaining money by capital gains like rishi sunak.
Whos expected to have more tax with worse pay than 2008?
Everyone else.
And young people struggle for work, while being vilified for claiming benefits. Make it make sense.
Yay another cruise each year for the richest generation in British history all at the expense of future generations. Love me a bit of inter generational theft.
Poor Agnes and Keith now set to stretch it to _four_ cruises in a year