In The Light Of This Desparation......
News4 mins ago
Lets Hit The Pensioners.
Richi Sunak's plan to abandon the "Triple lock" for state pensions should trigger an early General Election.
Sunak has U turned on the Conservative pledge made by Liz Truss to keep the Triple Lock .Which requires pensions to rise with inflation. This is a decision being made by the Multi Millionaire Prime Minister who struts about Downing St wearing his £3,500 suits. Will the state pensioners vote Tory this time .... No Chance.
Sunak has U turned on the Conservative pledge made by Liz Truss to keep the Triple Lock .Which requires pensions to rise with inflation. This is a decision being made by the Multi Millionaire Prime Minister who struts about Downing St wearing his £3,500 suits. Will the state pensioners vote Tory this time .... No Chance.
Answers
//Pensioners wanted lock down and got it,...// Not all of them, youngmaf. In fact, I believe the majority of people who were happy with the lockdown were young and middle-aged professional
14:44 Fri 28th Oct 2022
// Triple Lock .Which requires pensions to rise with inflation. //
One metric of the Triple Lock is the 'Consumer Price Index' (CPI). Although CPI is influenced by inflation, it is not a direct measure of the inflation % rate. Furthermore, since the price of home energy prices have risen steeply, CPI in its calculation, to my mind at least, is not weighted to represent the true impact on consumers pockets.
One metric of the Triple Lock is the 'Consumer Price Index' (CPI). Although CPI is influenced by inflation, it is not a direct measure of the inflation % rate. Furthermore, since the price of home energy prices have risen steeply, CPI in its calculation, to my mind at least, is not weighted to represent the true impact on consumers pockets.
I don't know about being in limbo, but I am genuinely worried. In a video posted on another thread, Sunak says he will protect the vulnerable. As a senior citizen, I don't think I am being protected or thought about. Quite the opposite, actually.
I have seen "news" flashes on the internet that the age limit for free prescriptions will be increased. I have seen reports that the age limit for a bus pass will be increased. I have seen reports that senior citizens will have to pay NI in the future as well as income tax on pensions. I have a state pension and a small private pension. That's it. When I received a small pay rise in my private pension, it took me over the threshold for paying tax, so the increase was wiped out and was merely a donation to the govt. With the massive rise in prices, where does anyone think that someone like me is going to get the money from?
Earlier in this thread, Stableford said he/she hasn't been affected. Well, lucky you. I certainly have, to the point where I begrudge picking anything up in the supermarket.
I'll be interested to see what this protection from the new PM amounts to. If anything.
I have seen "news" flashes on the internet that the age limit for free prescriptions will be increased. I have seen reports that the age limit for a bus pass will be increased. I have seen reports that senior citizens will have to pay NI in the future as well as income tax on pensions. I have a state pension and a small private pension. That's it. When I received a small pay rise in my private pension, it took me over the threshold for paying tax, so the increase was wiped out and was merely a donation to the govt. With the massive rise in prices, where does anyone think that someone like me is going to get the money from?
Earlier in this thread, Stableford said he/she hasn't been affected. Well, lucky you. I certainly have, to the point where I begrudge picking anything up in the supermarket.
I'll be interested to see what this protection from the new PM amounts to. If anything.
//When I received a small pay rise in my private pension, it took me over the threshold for paying tax, so the increase was wiped out //
That's untrue - you would only lose (in tax) 20% of the amount by which you exceeded your personal allowance. If the increase was £100 & it took you £80 over your PAs the tax would be £16.
But I'm sorry if you are struggling.
That's untrue - you would only lose (in tax) 20% of the amount by which you exceeded your personal allowance. If the increase was £100 & it took you £80 over your PAs the tax would be £16.
But I'm sorry if you are struggling.
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