CSPA Campaigning
Pensions
The last two decades have seen sweeping changes in pension policy and provision which are having a negative impact on the standard of living of current and future pensioners. More needs to be done to make sure that those working now can plan for the prosperous and fulfilling retirement that they so rightly deserve.
The triple lock
The State Pension is the single largest source of income for most retirees. Without the triple lock, pensioner income growth would have lagged behind both inflation and average earnings throughout the cost-ofliving crisis, leading to widespread hardship.
What is the triple lock?
The triple lock is a guarantee that the State Pension will be increased by the greater of the rate of inflation, increase in average earnings or 2.5%. The triple lock ensures that pensioners’ income is not eroded by the gradual increases in the cost of living, and thus must be protected in the long term.
The manifesto: What we're campaigning for
The UK Government to maintain the State Pension triple lock, and to commit to protecting the State Pension age by tying it to healthy life expectancy rates.
Our three main areas of focus are:
- The protection of the triple lock extends beyond 2029, ensuring pensions rise in line with living costs and wages.
- To defer further SPA rises until inequalities in life expectancy narrow and a new settlement is agreed.
- Immediate relief for retired women. Expand National Insurance credits for time spent out of the workforce and caring.
- A targeted Pension Credit supplement for low-income women.
- Mandatory gender pension gap reporting (mirroring gender pay gap reporting) and automatic enrolment from the first pound of earnings, benefiting low-paid part-time workers (75% of whom are women).
What we're calling for:
This Budget presents our plan for a fairer, more sustainable deal for older people. we urge you to stand with us and add your voice to our calls for a fair deal for living well in later life.
- Protecting the State Pension
- Reducing the tax on pensions
- Tackling the gender pension gap
- Supporting older people in the workplace
- A minimum income guarantee
- Widening access to public transport
- Making housing safe, secure, accessible and adaptable
- Supporting health and social care
Campaign Activity
Later Life Ambitions
Later Life Ambitions brings together the collective voices of over a quarter of a million pensioners through the National Federation of Occupational Pensioners, the Civil Service Pensioners’ Alliance, and the National Association of Retired Police Officers Association.
We aim to encourage today’s decision makers to confront the challenges of tomorrow.
