Thinktank linked to Reform UK calls for abolition of state pension
https://www.theguardian.com/politics/2026/sep/23/thinktank-reform-uk-abolition-state-pension
Posted by Alternative-Win4058
Thinktank linked to Reform UK calls for abolition of state pension
https://www.theguardian.com/politics/2026/sep/23/thinktank-reform-uk-abolition-state-pension
Posted by Alternative-Win4058
22 Comments
Another page in Nige’s “How to ensure I don’t get the top job that I never wanted because it would mean work rather than grift” book
One of them is going to do it. Reform, Labour or Tory, its going to happen. Just expect it and be done with it.
So they aren’t proposing getting rid of it entirely. Instead, they propose a £1k investment account for newborns that they later contribute to through earnings, with the state pension becoming a means-tested benefit for those who need it. Now, there aren’t any specifics on how all this will work in the article, such as at what point entitlement to the state pension would start, any tapering by income and how the value of it is determined, so it isn’t fully clear how they would implement it. The general idea of means testing it makes sense.
This could save money desperately needed to fund billionaire yachts and global conflicts.
Reform wants to turn Britain back into feudalism, with a ruling elite of inherited wealth presiding over starving serfs.
Let’s not pretend that everyone under 40 hasn’t already been under the impression for years that they’re not going to get a state pension no matter who’s in charge.
It makes sense, as State Pension IS a Ponzi scheme where most people take out far more than they pay in.
However exactly the same problem would befall an investment account/retirement pot, as most people wouldn’t pay in anywhere near enough and then would expect to be bailed out by the taxpayer so they can retire.
That will go down well with their geriatric voter base
Also scrapping all taxes that impact rich people more than poor. What a shock.
Wait….what? You mean their think tank has come up with a stooooopid idea! Nah never
So no retirement ever then? Voters really need to wake the fuck up and stop being manipulated by billionaires, corporate the media
Ok. Abolish national insurance at least 10 years prior. If we don’t have to “pay in”, we shouldn’t get, that’s reasonable. What’s unreasonable is abolishing state pension from say 2040 and expecting people to pay in right up until then.
I hope Reform never get into government, but also believe state pension should be means tested & UK should adopt Australian style retirement savings.
Back in the late 1980s, Australia recognised future issue of affording government pensions for increasing number of retirees (boomers etc).
Employers must send 12% (started in 1992 at 6% I think) to employees nominated superannuation fund.
From https://en.wikipedia.org/wiki/Superannuation_in_Australia :
As of March 2026, Australians have $4.43 trillion invested as superannuation [assets](https://en.wikipedia.org/wiki/Asset), making Australia as a nation the 4th largest holder of [pension fund](https://en.wikipedia.org/wiki/Pension_fund) assets in the world.
Haha. The correlation between boomers who rely on state pension and the propensity to vote Reform is almost 1:1. Fuck em!
I doubt that papers aimed at the older generation will be reporting on that!
Literally no one in comments even bothered to read the article…
They propose replacing with the Trump style £1000 at birth in a investment account and topped up with earnings. Which is a good idea….and leaving state pension for those worse off.
A £1000 at birth in account doing 5% a year and topped up with say £1000 a year which is modest would get you about £500,000 by 65 years old. It’s absolutely insane our NI or pension isn’t invested.
Thats just lost half their voters..great job lads keep it up!!
I wouldn’t vote Reform but no matter who is in power I think the state pension will be abolished by the time I reach retirement age.
Take money from pensioners so that the poorest of them cant retire. This will lead to an even worse job market.
Give that money to the wealthiest is tax breaks. Only 4% of inheritance is subject to IHT
Abolish state pension ?
Of course they must. How else are they going to pay the billionaires what they are demanding.
It would be on-brand for Nigel to chase the pensioner vote and then screw *specifically them* over once in power. The guy is like the scorpion & frog parable come to life.
Hahahhahahaha fantastic,
No has actually looked into this but is bitching about it anyway.
Hahahahahahahahahhahahahahahahahaha