Socialist Worker

Pension myths

What's the truth behind the headlines?

Issue No. 2258

  • The government says pensions are a “perk”—but we’ve paid for them. They are part of workers’ wages, deferred until retirement
  • They say change is needed to avoid a pensions “crisis”. But the real crisis is that ordinary people live in poverty while there is no limit to the cash for bankers and war
  • Our pensions aren’t “gold plated”. A quarter of civil service workers get under £40 a week
  • The attacks hit the lowest paid the hardest. One in ten earning under £21,000 will opt out when contributions go up


If you enjoy Socialist Worker, please consider giving to our annual appeal to make sure we can maintain and develop our online and print versions of Socialist Worker. Go here for details and to donate.

Mobile users! Don't forget to add Socialist Worker to your home screen.