@gabriel.nussbaum: Is it time to scrap the triple lock? #PersonalFinance #pension #statepension #learnontiktok

Gabriel | That Money Guy
Gabriel | That Money Guy
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Region: GB
Friday 18 September 2026 19:24:47 GMT
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m_36963
M :
So your issue is that the young people don’t have the same opportunities yet you want to take away what they would receive in the future?
2026-09-19 07:11:54
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gypsyrolo
gypsyrolo :
According to my reckoning that would make it about 50% of the MINIMUM Wage? 🤔
2026-09-19 06:54:06
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stantrevdog
stantrevdog :
Dizzy height of £13000🤣🤣🤣🤣 What a joke, it should be double!
2026-09-19 05:33:13
1
bluewater613
1916 :
Gabriel, some good points made, don't forget retirement age was raised from 65 to 67, so a loss of 24 k overnight for me, this saved tax payers billions and overshadows any increases triple lock give.
2026-09-19 07:41:57
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user5415660761169
user5415660761169 :
Don’t forget we’ve paid for our pension young people are just going through what we have
2026-09-19 07:55:58
1
bumbley22
Bumbley22 :
Expressing concern for those young people is admirable but a 17yr old on minimum wage would get £14560 a year and a 22yr old on minimum wage over £23k. So are you saying the pensioner who paid tax when he was working this helping to pay for your health & education when you were young plus helped build the infrastructure you use every day, deserves less than that 17 or 22 year old?
2026-09-19 07:46:27
1
dailynews_update
Dailynews_update :
And yet still a shit pension compared to rest of Europe.
2026-09-18 21:13:34
3
orangesandals
orangesandals :
Give extra to the boomers so future generations receive nothing! Absolute lunacy, boomers benefited throughout their lives so how about we give more attention to the younger generations instead
2026-09-18 21:14:38
2
wes240604
wes :
Yep triple lock costs the government £10 billion, pensioners pay back in tax £30 billion with private pensions tax added in so the government get £20 billion more back than they paid out go. Check
2026-09-19 04:09:46
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pazzer70
Pazzer70 :
The state pension needs to be higher, at least the same as minimum wage. People have paid into it for over 35 years
2026-09-18 19:38:24
2
joey4strumming
joey4strumming :
Pensioners not saving anything for their pension is a disgrace. I would half the pension.
2026-09-18 20:38:29
2
bobslandknobs
Kevin Johnston693 :
13k a year to live on. hardly hoildays ever few months.
2026-09-19 03:19:36
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kp89929
Kp899 :
the problem is the government is corrupt and does not care about younger people and keeps putting bills up we need younger people in parliament to support the younger generation
2026-09-18 20:51:30
2
iainthomson777
iainthomson777 :
what should it go up by, inflation, wage growth or a set percentage?
2026-09-18 21:52:43
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major..toasty
major..toasty :
I solved the problem we should freeze min wage , that would reduce inflation and then pensions would go up by less .
2026-09-18 20:41:26
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pip6313
pip :
yes thank you keep it coming
2026-09-19 06:49:20
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subfourdavid
David Hearne :
Pretty much every pensioner already pays tax. Because they have other pensions on top of their state pension.
2026-09-18 20:50:36
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m_36963
M :
You do understand that a higher percentage of a lower amount is less than the average rise?
2026-09-19 07:20:55
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thef1taxi
thef1taxi :
This will change in the future, we are of a generation that didn’t automatically get put into a company pension. Young people that you are talking about have way more chance to feather their nests with pensions and easy access to investments. We had none of these. 😁
2026-09-18 21:17:51
1
han_throws_things
han_throws_things :
I read that as POKEMON and nodded in agreement. Same for the pension.
2026-09-18 19:29:59
1
simondunn460
Simon Dunn460 :
Only tax on £430 gets taxed🤔🤔🤔🤔
2026-09-19 07:00:31
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doomsdayzone1993
Nothing to see here :
They will pay maybe £10 a month tax, but they will still have £30 more a month than they do now
2026-09-19 08:07:08
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teama847
TeamA :
£13K a year, can't wait 😳
2026-09-19 05:39:59
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chiefmoron
M :
Means test it and let people opt out of it none of us will live to see it
2026-09-18 20:11:50
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balkan_ghost
Balkan_Ghost :
I’m sorry, but the pension going up with average pay is not the issue with triple lock. It’s actually how it should increase - keeping pensioners in line with everyone else’s pay on average. The triple lock is an issue when it goes up above average page due to the 2.5% or high inflation. I also disagree with it being an issue with tax. It’s only £430 of taxable pay - £86. So an increase of £344. Everyone who’s pay increased by 3.9% also pays more tax. The biggest issue is not really the triple lock, it’s that people who don’t need the pension are getting it. Young people should help pensioners, they shouldn’t help pensioners that earn more or own more than they do.
2026-09-18 22:01:03
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