Lib Dems Success on Pensions

In the last couple of week, the Tories have tried to take the credit for the work of the Lib Dem Steve Webb MP, on ensuring a better deal for pensioners.

David Cameron has portrayed himself as the saviour of pensioners; ensuring universal free bus passes, free TV licenses for over 75s and maintaining the winter fuel allowance.

In actual fact, it is the Lib Dems who have helped pensioners the most over the course of the coalition government, including the following policies that were included in the 2010 manifesto (see below)

  • Increased pension by £800 a year since 2010, thanks to our new ‘triple lock’ rule which ensures state pensions always rise with inflation, earnings or 2.5% – whichever is highest.
  • Planned to raise the state pension from £107 to around £144, protecting future pensioners with a fair, single tier pension.
  • Guaranteed 9 million people an automatic workplace pension, which their boss and the government pay in to, giving everyone the confidence to save.

Lib Dem proposals in 2015 only involve taking free bus passes and tv licenses away from the wealthiest pensioners; people who do not need it. There are many instances of wealthy pensioners sending their winter fuel payments back as they do not deem them necessary. The money saved will go towards paying for a discounted bus pass for 16-21 year olds. This is an example of the Lib Dems providing a fairer society for all.

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