State Pension SHOCK: 11 Million Pensioners Could Face Devastating Income Cuts Under New Plans!

The competition for pensioner votes is growing as Labour raises concerns that up to 11 million retirees might have their state pensions reduced if the Conservatives introduce means-testing. Labour claims this approach could take hundreds of pounds away from people who rely on their pensions during retirement.

Labour has directly criticized Conservative leader Kemi Badenoch, accusing her of having a “cruel plan” to means-test pensions. They argue that this could harm millions of retirees, especially those who are already struggling with rising costs of living. The accusation follows comments from Badenoch, who suggested her party might “look into” means-testing pensions.

Pensioners are a key voting group, especially for the Conservatives. A YouGov survey from the last election showed that 42% of women aged 65 and older supported the Conservatives, compared to only 6% of women aged 18-24. Labour sees this as an opportunity to win over older voters by focusing on policies that might affect their income.

The Conservatives have hit back, accusing Labour of twisting Badenoch’s words for political advantage. A Conservative spokeswoman also reminded voters of Labour’s controversial decision to end universal winter fuel payments for pensioners, which forced many to choose between heating their homes and buying food.

Labour, on the other hand, argues that over 11 million pensioners could be at risk because of means-testing. They emphasize that for many middle-income pensioners, state pensions make up about half of their weekly income, making any cuts devastating.

Dennis Reed, from the campaign group Silver Voices, has added to the criticism of Labour. He accuses the party of waging an “undeclared war on older people,” pointing to the decision to end winter fuel payments as an example.

Reed also expressed concern about the appointment of Torsten Bell as pensions minister, fearing his opposition to the triple lock policy could lead to further reductions in pensions. The triple lock ensures pensions rise each year based on inflation, wage growth, or 2.5%, whichever is highest.

Meanwhile, Badenoch has defended her position, claiming rival parties are trying to scare voters by falsely suggesting the Conservatives plan to scrap the triple lock. She also accused Labour of failing pensioners through poorly implemented policies that took away critical support like the winter fuel payments.

As both parties trade accusations, pensioners are left uncertain about their future. With rising living costs and economic pressures, the state pension and related benefits have become a critical issue in the political debate.