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We feel the triple lock on pensions is unaffordable and unjust. We think tying the increase in pensions to inflation only could ensure the living standards of those reliant on the pension are protected, and would be more affordable.
React
Members can read every reason.
Introduce a Pension Tax Lock to help protect retirement savings and incentives
The Chancellor should introduce a Pension Tax Lock: a commitment not to reduce the amount people can withdraw from their pension tax-free or the amount of tax relief given on pension contributions. We believe this would help ensure retirement savings are protected and people can save with confidence
Replace Public Sector Pension schemes with a defined contribution scheme 4%/6%
Set up a defined contribution (DC) scheme for all public sector staff along the same lines as most private sector schemes (usually 4% staff & 6% employer contributions - staff can contribute more).
Remove taxes on personal savings & private pensions
We the people call on the government to remove the tax paid on personal savings & private pensions.
Limit council tax increases to the lowest of either inflation or 5%
Limit council tax increases to the lowest of either inflation or 5%
Ensure annual pension increase apply to all pensioners living abroad
We want the Government to ensure that pensioners get an annual increase if they live abroad in certain countries. Currently some people do not receive increases even if they have worked 50 years in the UK prior to retiring abroad.
We feel the triple lock on pensions is unaffordable and unjust. We think tying the increase in pensions to inflation only could ensure the living standards of those reliant on the pension are protected, and would be more affordable.
React
Members can read every reason.
Introduce a Pension Tax Lock to help protect retirement savings and incentives
The Chancellor should introduce a Pension Tax Lock: a commitment not to reduce the amount people can withdraw from their pension tax-free or the amount of tax relief given on pension contributions. We believe this would help ensure retirement savings are protected and people can save with confidence
Replace Public Sector Pension schemes with a defined contribution scheme 4%/6%
Set up a defined contribution (DC) scheme for all public sector staff along the same lines as most private sector schemes (usually 4% staff & 6% employer contributions - staff can contribute more).
Remove taxes on personal savings & private pensions
We the people call on the government to remove the tax paid on personal savings & private pensions.
Limit council tax increases to the lowest of either inflation or 5%
Limit council tax increases to the lowest of either inflation or 5%
Ensure annual pension increase apply to all pensioners living abroad
We want the Government to ensure that pensioners get an annual increase if they live abroad in certain countries. Currently some people do not receive increases even if they have worked 50 years in the UK prior to retiring abroad.
