Sunday 5 January 2014

Looking after our Seniors

Pensioners will continue to receive guaranteed rises in their state payouts until at least 2020 if the Conservatives win the next general election, David Cameron promised Sunday.
The prime minister vowed that a Tory government would continue the "triple lock" system, meaning pensions would rise in line with the higher rate -- inflation or wages -- or 2.5 percent.
"A Conservative government will offer pensioners a more secure future by pledging today that we will carry on using the triple lock after the next election to protect the basic state pension," Cameron wrote in the Sunday Times.
"We can only afford to do this because we are taking difficult decisions to cut the deficit and get spending under control as part of our long-term economic plan.
"I want to do everything we can to help people who have worked hard and done the right thing," he added.

 David Cameron has already suggested that the state pension would be the only benefit exempt from a new cap on overall welfare spending.

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