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Proper funding

There is £46 billion in the National Insurance Fund (NIF), money that citizens have paid for the whole of their working lives.

The Government wishes to take pensioners out of poverty.

If the government wish to take pensioners out of poverty then they must use our money to pay a state pension of £135 per person per week - a figure is based on the government's own figures.

The governments own Actuary has agreed that only two months' pension money need to be kept in the NIF, the rest can be used to pay proper non means tested pension of £135.

It is a fact that 62% of married pensioners exist on less than £10,000 per year and the percentage of singles on less than £5,000 is even higher. Since 1979 MPs' salaries have risen by 542% - the state pensioners has risen by 274%, if the state pension had risen by the same percentage as MPS salaries instead pensioners would be in receipt of £152.44 per week instead of £90.70.

Pensioners have been promised they would share the wealth of the country, the only way to do this is to take pensioners out of fiscal and fuel poverty, use our money to pay a proper non means tested pension based on government figures.

Fred Kaler, Chairman, Evesham & District Older Peoples Forum, Evesham.

11:33am Thursday 1st May 2008

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