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Time To Break The Triple Lock On Pensions?
41 Answers
In 2010 the Government introduced the 'triple lock' on pensions
A guarantee to increase the state pension every year by the higher of inflation, average earnings or a minimum of 2.5%.
Pretty much all of us working to pay for these can only dream of such a deal as average earnings slip compared to inflation.
Not only that but today we learn that those of us born in the 60s and 70s will be poorer in retirement than our parents.
http://
Is it time to end the triple lock?
A guarantee to increase the state pension every year by the higher of inflation, average earnings or a minimum of 2.5%.
Pretty much all of us working to pay for these can only dream of such a deal as average earnings slip compared to inflation.
Not only that but today we learn that those of us born in the 60s and 70s will be poorer in retirement than our parents.
http://
Is it time to end the triple lock?
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emmie, I'm not condeming those that have contributed using the system as a temporary safety net, I'm talking about the career unemployed, the baby factories that create the next generation of scroungers. Those that have kids so they can afford waccy baccy and white lightening. Those that contribute nothing and get everything on a plate.
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