Means Test for Pension.

[Raven]

Well that didn't take them long. I wondered what the next blow would be.....And When.  

https://www.gbnews.com/money/state-pension-payment-means-test-triple-lock

[klondike]

They are as bad as insurance companies. Happy to take the premiums year after year butlooking for loopholes when a claim comes along.

[Mups]

They are as bad as insurance companies. Happy to take the premiums year after year butlooking for loopholes when a claim comes along.

That's exactly what I  think too.

[Diasi]

Unlike Pension Credit & the WFA, the State Pension is a contributory benefit which cannot be means-tested.

The only way would be to scrap the current State Pension in it's entirity & replace it with a new system.

[Scrumpy]

Unlike Pension Credit & the WFA, the State Pension is a contributory benefit which cannot be means-tested.
 

That is interesting and good to know.. Thank you Phil..

[klondike]

I saw something about means testing the increases...

Their ideal appears be to kill us all off. 

I think there will be trouble in the ranks if they keep going with this stuff.

[Diasi]

I saw something about means testing the increases...

The same would apply to the triple lock as it's awarded to a contributory benefit so it can't be means-tested.

The legal challenges would be enormous.

[klondike]

You seem confident. I'm not so sure that I am as the pension is just classed as a benefit so far as I can see.

[Diasi]

You seem confident. I'm not so sure that I am as the pension is just classed as a benefit so far as I can see.

Well it's not, the benefit system has two types, namely contributory & non-contributory.

A contributory benefit is paid out on the basis of what's paid in whilst a non-contributory benefit is paid out even if nothings been paid in. In fact the less that a person pays in the more they get paid out.

A contributory benefit cannot be means-tested but a non-contributory benefit is always means-tested.

[Vlad]

Just a suggestion, the guvvermunt should take all our income and gives us what the think we need. 😱

[Ashy]

The only way would be to scrap the current State Pension in it's entirity & replace it with a new system.

I wouldn't put it past them.