Alan Milburn's Report to the Government

  oresome 18:45 17 Oct 2013

Concludes that older people have been spared the impact of austerity measures and said benefits for the elderly need to be reviewed in order to make life easier for the young.

Spared the impact! What planet is the guy living on?

Welfare benefits may well have been index linked to a measure of inflation throughout this time, but few pensioners can live on welfare benefits alone.

Interest rates on savings have been decimated as have annuity rates that determine defined contribution pensions. All due to the Government printing money to avoid massive defaults from those heavily in debt at the expense of those with retirement savings.

I can see a case for some benefits to be targeted at those that really need them, but the cost involved probably outweighs any savings that can be made.

As a pensioner I don't mind sharing the pain, but do object to being accused of escaping the impact.

  cream. 19:14 17 Oct 2013

"but few pensioners can live on welfare benefits alone"

The poorest single pensioner would have a guaranteed pension of £145.40 and a couple would get £220.05. They would be also premiums for disabled £59.50 single, £119 both and carers would receive £33.30 each.

free prescriptions, bus travel, winter fuel allowance £200 for all. Housing benefit and council tax benefit.

50% of welfare benefits go to the over 60's on state pensions. That's more than housing benefit, unemployment benefit, social security,incapacity benefit, attendance allowance, child benefit and on and on.

Is it not time to look at making savings?

  Mr Mistoffelees 20:20 17 Oct 2013

Milburn, like Scammeron and Osdick, has no concept of the reality for ordinary people, struggling with reduced benefits and increased bills.

  bumpkin 23:11 17 Oct 2013

Never claimed anything just paid in for 45yrs so when it is my turn I think that any money due to me could be better given to the younger generation for newer phones and better tatoos on their tits.

  oresome 09:36 18 Oct 2013

The welfare bill for pensioners is going up because we have an ageing population. This hasn't suddenly been sprung on us. It was apparent after the last world war when the baby boom started so it could have been planned for.

I take on board some of what cream says, but to introduce disability allowances etc. is muddying the argument.

I have a bus pass that has been used only twice in over five years, so that hasn't cost the taxpayer much and I expect it's the same for many other over sixties.

The winter fuel allowance has not been adjusted for inflation and will be allowed to wither on the vine if the treasury so decides.

Pension planning is for the long term, but my wife's retirement age has been put back five years at short notice which has created a £25k shortfall for us. (Those women born in 1953 are particularly hard hit)

I like many others are of modest means, but receive only the basic state pension and no housing or council tax benefits.

I take the necessary austerity measures on the chin, but object to being described as cushioned from their effects.

  fourm member 12:19 18 Oct 2013

spider9 was spot on in his response to Mr Mistoffolees.

The 'reality for ordinary people' is that Alan Sugar needs his winter fuel allowance and Mick Jagger must have a bus pass.

(Oresome, my understanding is that bus companies are paid a flat fee for accepting bus passes so it doesn't matter how much you use yours it is costing the government to provide it.)

A modest proposal.

Political parties should be allowed to use their own funds to bribe voters. That way governments (of all persuasions) wouldn't need to use the benefits' system for that purpose.

  john bunyan 13:11 18 Oct 2013

I think it would be administratively easier to include the winter fuel allowance in the OAP and then it would become taxable at 40% for the higher earning pensioners.

  caccy 17:53 18 Oct 2013

Spider9 "wealthier pensioners - getting benefits like heating allowance, bus travel,TV licences etc," "wealthier" pensioners under 75 do not get tv licences." Also bear in mind that they also pay income tax.

  woodchip 18:37 18 Oct 2013

He should first look at is own Salary on how much he is willing to sacrifice, along with is Cronies

Point is where does the line get drawn

  oresome 19:12 18 Oct 2013

The present MP's pension scheme entitles them to one fortieth of their salary for each year worked.

This equates to £1643 per year index linked for every year as an MP.

You or I would need £45,000 to buy an annuity of £1643 at age 65.

The average annuity pot at retirement is £28,000 according to the pension industry, so an MP accrues more pension in one year than the average worker does in a lifetime!

click here

  oresome 19:56 18 Oct 2013

I'm suggesting they are divorced from the reality of many of their constituents.

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