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“Cut benefits for wealthy pensioners”, says Clegg

“Cut benefits for wealthy pensioners”, says Clegg

Category: Retirement

Updated: 05/10/2012
First Published: 26/09/2012

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Well off pensioners should surrender their state benefits, according to the deputy prime minister Nick Clegg.

Speaking on the penultimate day of the Liberal Democrat conference in Brighton, Mr Clegg stated that whilst he would continue to support benefits for the elderly, wealthy pensioners must consider giving up benefits such as free senior bus passes and winter fuel allowance to help 'make ends meet'.

The comments will have alarmed many pensioners, particularly following suggestions yesterday that taxes for the over 50s could rise to pay for care costs.

Means testing for pensioner benefits has drawn heavy criticism, mainly from Conservative party members.

One particular Tory backbencher stated that the party would veto Mr Clegg's "intrusive" plans, whilst Prime Minister David Cameron emphasised that he is opposed to any form of means testing for over 65s.

High profile and wealthy pensioners have also voiced their anger at the proposals. Typically straight talking tycoon and Labour peer, Sir Lord Sugar said: "
The twit Nick Clegg moaning about me having a bus pass. Idiot, I don't have one."

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