I retired at 61 with a Treasury pension and a social security pension. When my wife retired, my social security pension was decreased substantially.
Now, I am just under 70 – almost nine years later with my social security pension increased by a pittance and no increase in my Treasury pension at all. My spending power has therefore been gone down drastically.
Why is this anomaly being allowed when the country is in such a good economic state and there are so many highly-paid ‘consultants to ministries’?
No wonder so many pensioners face being relegated to the ‘poor and needy’ category.