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Monday 31 October 2016

STATE PENSION COST INEFFECTIVE INCREASE AT 80 YEARS OF AGE

Whoever makes the decision about increases in the State Pension at 80 years of age, should be admonished and criticised in Public.
I have just been advised by The State Pensions people that at the age of 80, my State Pension will increase by.....25p per week.  Can you believe this ? This is nearly as bad as George Brown's Budget increase in the State Pension of 7p per week some years ago.

The Administrative Cost of making this change far outweighs the new increase.
My advice is to stop this foolish and misery increase.
Any saving in Administrative costs should be reallocated to the NHS Budget.
It will probably pay for a fraction of the gluttonous salaries of the Consultants working in the NHS!

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