Cameron’s Pledge to Keep the “Triple Lock System” but how long can his Promise Last!

#AceNewsServices says according to the latest BBC interview on the “Andrew Marr Show” David Cameron has pledged to keep the “Triple Lock System” his pledge.  Though he rejected suggestions it was a purely political move aimed at attracting older voters back to the Tory fold. but reiterated  the “triple lock” announcement as the “first plank” of the Conservative general election manifestoHe said it was “fair” to prioritise pensions even at a time when benefits for younger people were being slashed.

English: David Cameron's picture on the 10 Dow...

English: David Cameron’s picture on the 10 Downing Street website (Photo credit: Wikipedia)

Triple Lock Pledge: 

1. The state pension would continue to rise by at least 2.5% a year until 2020 if the Conservatives win the next election, David Cameron has said.

  1. The PM pledged to keep the “triple lock” system, which ensures the state pension goes up by whichever is higher – inflation, wages or 2.5%.

Under the coalition’s “triple lock”, the state pension rose by 5.2 per cent in 2012 – or £5.30, the largest cash rise ever seen, and by £2.70 last year, to £110.15 per week.

This would be a great trick if he can achieve it, as with rising house prices and a relaxed view on spending by the Chancellor George Osborne, then inflation is sure to rise in line with current spending ,even if austerity measures on the worst off continue.

Also as the pledge is aimed at a certain age group ,whose health declines in many cases in later years, this government will give with the right-hand and take it away with the left, as each time the pension rises, so does the healthcare costs, the last time the rise was £2.70 he says in this mornings Telegraph    but what he did not make clear was that £2.25 was taken back in “Healthcare” costs. Leaving a mere 0.50p for essentials.  

He maybe alright when he retires with his index-linked or final salary payment scheme, or whatever concoction this illustrious government dreams up in the future, but so many “Poorer Old Age Pensioners” will not be with ever rising food, energy and healthcare costs.

So if you make a pledge to the people on Britain ,then keep your promises and do not think everyone living here is not able to see that while your glass is half full their’s is well and truly not just half empty but, empty.                 

Note: Labour and the Lib Dems have yet to comment on the announcement, l wait with bated breath! 

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