Whats the Labour Government ever done for Pensioners and Pensions?
What’s the Labour Government ever done for Pensioners or Pensions? Twelve years ago the public sought change from tiresome Tory government. Since being elected the Labour government has helped ensure that today pensioners and those of the future can enjoy dignity and security in their retirement, thanks to the work of our Labour government. The Tory government shamble · In the dark days of Tory government, the Tories misled millions of workers by persuading them to opt out of SERP’s (Supplemental Executive Retirement Plans) and company pensions. As a result 1.5 million people were miss-sold private pensions and subsequently are now worse off. · And by 1997 as a result of years of avoidance 2.7 million pensioners were living in poverty, with many having to survive on as little as £69 a week. Labour gives decent pensions · The minimum income guarantee for all pensioners is way above that of the gloom of past Tory government’s. Now they represent a minimum of £124 a week for single pensio
