The UK Pension Age Changes debate intensifies: Experts warn workers may have to work until 80. The £15.5bn triple lock cost makes the system unsustainable.
Once upon a time, that was basically the idea. Retirement was expected to be a year or maybe two if you were lucky before you died, and the reasoning behind it was so that you could get your affairs in order.
I know that retirement has to be paid for, but the entire point of progress is supposed to be that people are better off. Instead, simply because they’re the largest generation and therefore the largest voter block, everything has always been catered to the Boomers. That’s the reason the triple lock exists in the first place, because it benefited the Boomers. Now that later generations look like they’re going to start benefiting from it, suddenly it’s a problem that they have to deal with by making sure the later generations don’t get as big a slice of the pie.
Once upon a time, that was basically the idea. Retirement was expected to be a year or maybe two if you were lucky before you died, and the reasoning behind it was so that you could get your affairs in order.
I know that retirement has to be paid for, but the entire point of progress is supposed to be that people are better off. Instead, simply because they’re the largest generation and therefore the largest voter block, everything has always been catered to the Boomers. That’s the reason the triple lock exists in the first place, because it benefited the Boomers. Now that later generations look like they’re going to start benefiting from it, suddenly it’s a problem that they have to deal with by making sure the later generations don’t get as big a slice of the pie.