Should the State Pension be means tested?
THE UK state pension should be means tested and wealthy retirees should LOSE their entitlement to it completely, a top economic body has demanded.
The Organisation for Economic Cooperation and Development believes “rich” Britons – millions of whom have paid into the system through National Insurance contributions for decades – should lose their pension entitlement entirely.
It said stopping state pensions for Britain’s richest 10 per cent of retirees would “free up resources” to pay more money, either to poorer pensioners or people on other benefits.
What are your views? Is it fair that pensioners who have contributed equally should be treated differently?