Independent Age reports one in five single pensioners will struggle to pay bills next year after the State Pension increases.
Independent Age is calling on the UK Government to introduce additional financial support this winter for the “most vulnerable, including older people living on low incomes”. The national older person’s charity reports hearing “harrowing tales” from some pensioners who have stopped showering due to high water costs and “eating dog food” because it’s cheaper.
She added: “We have heard harrowing tales, that range from not showering daily because of high water costs, to eating dog food because it’s cheaper. This shouldn’t be happening.” However, there is still a possibility the UK Government could exclude bonuses from the average earnings measure, as has been speculated over recent weeks, but even in that situation pensioners would still receive an inflation-busting rise of 7.8 per cent.
Ms Elson said: “There has been a lot of debate about the State Pension Triple Lock, and it’s not a perfect long-term solution. However, for the millions of older people living in financial hardship, it is vital in protecting the value of their often dangerously low income, helping them cope with the elevated cost of living.
“To stop the annual stress and uncertainty over this issue and give long-term assurance to people of all ages, there should be a cross-party review to agree on the level of income everyone needs in later life to avoid poverty and what the UK government can do to make sure everyone receives this.”
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