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    Boomers are more entitled than Gen Z – it’s time to means-test their state pension


    Boomers are more entitled than Gen Z – it’s time to means-test their state pension

    https://www.telegraph.co.uk/money/pensions/state-pensions/boomers-are-more-entitled-than-gen-z/

    Posted by GimmeFunkyButtLoving

    8 Comments

    1. cogman10 on

      No.

      It’s not a boomer vs Gen z thing, it’s a wealthy vs average person thing .

      It’s really dumb to look at robbing pensions to pay for infrastructure.  Instead we should be looking at property and wealth taxes, regardless the age, to pay for pensions.  Everyone will need a pension, so it’s dumb to raid them for this years government funding.

      Means testing is expensive and cruel.  Don’t do it.

    2. Shady_Merchant1 on

      No need for means testing we simply need to tax people, boomers have lobby to have nearly every tax on them to be reduced or removed

    3. discgman on

      State pensions affect everyone who is invested in said fund, not just boomers.

    4. currentcognition on

      This is more “us vs them” propaganda of the ruling class. 

    6. butlerdm on

      Instead of the state managing a pension fund they should put the same amount of money into a 401(k) style fund that’s inaccessible to the employee to withdraw from outside of the same conditions as the traditional pension. Would require far less funding or give much better outcomes for the employees.

    7. triton8890 on

      As pointed out above this is UK based and is likely referring to their version of Social Security. Means testing social security seems fair. It’s designed to keep you from destitution. If you have the means you shouldn’t be taking it. However a state pension in the US is likely referring to a defined benefit for public workers which i would not be in favor of means testing as it was/is part of their pay/benefits package

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