LABOUR REVEAL ‘COALITION PENSION CON’

Labour PPC for Berwick Scott Dickinson has revealed his fears that the ‘coalition’ policy announcement that state pensions would rise under coalition plans highlighted by Lib Dem MP Alan Beith last week was a ‘ticking time bomb for pensioners’

Beith claimed that 63,000 pensioners would benefit from coalition plans to make the state pension more complicated yet a respected ‘independent’ website THIS IS MONEY has raised fears that as many as 4 out of 5 pensioners won’t see the ‘Beith Boost’ when it is due to be introduced in 2016. It says highly complicated and technical changes may see public sector workers hit hardest.

Public sector retirees will be hardest hit and Labour are highlighting the huge impact that would have on North Northumberland where over 30% of those in employment rely on public sector wages.

Beith claimed the rise in the state pension to £155 in 2016 would benefit 63,000 people in North Northumberland yet it has emerged that more than 50,000 may miss out of the pension boost.

Scott Dickinson said

‘It’s a typical, back of the envelope, piece of shoddy spin to claim that thousands of people in North Northumberland will benefit from a pension rise that the government hasn’t even worked out the impact of. The reality is that because of technical and highly complicated tinkering with the state pension rules, this government has created a situation where over 50,000 people in North Northumberland may not get a full state pension. It seems that Alan Beith doesn’t even know the potentially devastating impact of his own policy’.

 

NOTES FOR EDITORS

http://www.thisismoney.co.uk/money/pensions/article-2634215/Why-millions-WONT-155-new-state-pension-theyre-expecting.html

http://www.thisismoney.co.uk/money/pensions/article-2629474/Why-vital-check-state-pension-youre-going-get.html

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