Displaying items by tag: safety net support

Over-fifties could pay £300+ a year extra National Insurance, to ‘fund a fairer social care system’. The idea proposed by Damian Green is part of a range of measures to fill a funding gap for pensioners. The Pilgrims’ Friend Society said that while some people might struggle to make the payments, they supported it because ‘we know as Christians that we're giving to the general good. For some people who are barely getting through, that would mean the difference between paying the rent or not. But for people who are managing, it would be OK. It should be for everybody because everybody is going to become old unless they die young.’ The proposed model of state pension is that everyone will be entitled to a basic safety net of support, with individuals encouraged to top up this provision from their own savings or housing wealth. Proposals including winter fuel allowance tax and surcharges have been labelled ‘a tax on getting old’.