Why is it so controversial to say that the triple lock on pensions needs reforming?
I just want to outline first that I think we should have a state pension and that we should be allowed to retire comfortably, that said, why should we spend so much on what is a benefit on an entire generation? The old system was fine, the current system is too expensive and considering future generations will either never retire or retire much later in life it seems a short term splurge of money on something that doesn’t produce growth. I think it should be both means tested and pegged to growth so that those most in need get the triple lock as well as those who worked in vital services such as the military or police. The old state pension was fine and should remain as default unless you meet certain criteria in my mind. Also, why do the same people who cry ageism at any comment on changing the pension say when there’s talk of free school meals, breakfast clubs and subsidised child care say if you can’t afford kids don’t have them, but if you say don’t retire if you can’t afford it your a bad person? Of course there are many factors when it comes to retirement that should be considered as there is with children. Anyway please feel free to tell me I’m wrong or something like usual!