I'm suspicious of the Government's new plans for Old Age Pensions.
A substantial increase in the basic pensions is said by ministers to be cost free.
What I suspect is to happen is that the additional pension payments based on National Insurance Contributions will be abolished. Under the present system, people who contract into the state system can get a state pension around double the basic pension. I suspect those extra pension payments will be abolished, leaving many people considerably worse off.
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