The State Pension

[Alanbileysfeathercut]

Well right out the gate, anyone with a defined benefit pension providing an annual income of over £30k should be ineligible.

It’s harder with defined contribution arrangements. I suppose you would have to do cash flow modelling for an individuals pot from retirement age to the average life expectancy, also factoring in savings and property value. You could then arrive at some sort of formula for deciding eligibility.

I agree about people not having made sufficient provision for retirement and it desperately needs addressing, but I honestly don’t think a State Pension will be the long term answer to that.

You do realise that being able to get 30k most have worked very hard and sometimes contributed to company schemes ,not in high earning jobs ,remember.
And having contributed to the system, should basically give up entitlement?