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No evidence the government plans to ‘means test’ the state pension

No evidence the government plans to ‘means test’ the state pension

The government has made modifications to the Winter Gas Settlement, which offers pensioners with either ₤ 200 or ₤ 300 in the direction of paying home heating bills over the winter. This payment was previously readily available to everybody obtaining the state pension, but from this winter it will be properly suggests checked, indicating just pensioners getting Pension Credit rating or specific other certifying advantages will certainly be eligible to receive it. Consequently, it will certainly no longer be paid to many pensioners.

In a meeting with LBC in July, Sir Edward stated of the state pension: “Should you means examination it? I indicate of course there is still a link that you pay your National Insurance policy and you do get more state pension if you contribute much more. He proceeded: “We can all think of the rich individuals in this country and claim, well, do we assume he or she should have a full state pension plan?

He continued: “We can all think about the well-off people in this country and say, well, do we believe she or he should have a full state pension? Or if the general public finances are in a little a state, maybe he or she should be giving that up? There is an argument to be had.”

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For the functions of that plan, we have actually rated this insurance claim as false
because we can find no evidence the federal government prepares to ways check the state pension plan.

“We are committed to providing pensioners the self-respect and safety and security they should have in retired life, which is why we are protecting the triple lock with the state pension set to raise by ₤ 1,700 over the course of [the] parliament.”

It’s feasible these claims are based upon comments made by Sir Edward Troup, a previous Treasury civil servant that was supposedly appointed as a consultant to now-Chancellor of the Exchequer Rachel Reeves prior to the general political election earlier this year.

In a meeting with LBC in July, Sir Edward stated of the state pension plan: “Should you suggests test it? I mean of course there is still a link that you pay your National Insurance coverage and you do obtain more state pension if you add much more. The link is really light currently, and by and big we have an universal benefit of state pension plan.”

1 Exchequer Rachel Reeves
2 Sir Edward Troup
3 Treasury civil servant