Pension Triple Lock

[Hope]

According to the Work and Pension Committee of MPs, the triple lock that has been in place for pensioners should be scrapped - or more correctly the 2.5% leg of the triangle ought to be done away with.  Do folk here agree?  The argument is that low-paid workers are actually suffering as a result of this current system, and pensioners are gaining an unfair advantage, as it were.

[ProfessorDavey]

According to the Work and Pension Committee of MPs, the triple lock that has been in place for pensioners should be scrapped - or more correctly the 2.5% leg of the triangle ought to be done away with.  Do folk here agree?  The argument is that low-paid workers are actually suffering as a result of this current system, and pensioners are gaining an unfair advantage, as it were.

I agree that it should be scrapped - most of us can only dream of a annual pay rise of a minimum of 2.5%.

This was an entirely political gesture - to woo the elderly who vote and tend to vote Tory. Pensioners (most of them) aren't the ones really struggling in this country. Indeed there are very many who are extremely well off due to benefiting from very generous pensions they accrued in the past and realising capital from massive house price increases.