Scrapping Age Related Benefits

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Tannedbaldhead

Original Poster:

2,952 posts

132 months

Thursday 25th April 2019
quotequote all
https://www.bbc.co.uk/news/uk-politics-48046595

Read this article this morning and thought they have a point.

My 81 year old Dad was complaining at how badly the lump sum he derives his income drawdown was performing. So as to maintain its value he has decided not to take any income this year.
I was worried about how he'd manage till he dug out his pension paperwork and showed me his old age, care related and contribution based pensions amounted to £354 per week. That's not a kick in the arse off £18500 a year.
On top of that my Mum receives old age pensions and a teacher's superannuated pension.
They have no mortgage and no dependants.
This being the case why all the free stuff?
Am I going all socialist for thinking age related benifits should be means tested and the savings should be channelled into either in work benifits or increased tax allowance to help much poorer young working families?