It continued: “Pension reforms should ensure that adequate support is provided to poorer pensioners.
“Once growth has firmed, broadening the tax base would support social objectives, such as health, while raising equity.”
At present, the full new state pension sits at £175.20 per week, with pensioners expecting to be paid once every four weeks.
The government, however, has so far resisted calls for the Triple Lock to be ditched.
Published at Thu, 15 Oct 2020 07:07:00 +0000