Save money elsewhere, don’t take from the old, says deputy
Monday 24th September 2012, 8:30AM BST.
PENSIONS are a matter of ‘life or death’ for some older people, said Mary Lowe, who does not want to see pensioners become victims of States savings.
The Social Security Department has proposed that the old age pension rises by 3.6% – 0.5% above the cost of living.
But the Treasury and Resources Department has warned that the States cannot continue to keep putting pensions up at a time when it needs to save money.
Deputy Lowe, pictured, a former Social Security member, disagreed and said she was disappointed at Treasury’s stance.