Four out of five Brits have deemed the state pension insufficient to live on
GB News host Eamonn Holmes lost his patience and snapped at a Gen Z during a debate today saying: "Try living on £156 a week."
It comes after four out of five Brits have deemed the state pension insufficient to live on. Due to the soaring cost of living, pensioners are finding their savings insufficient to keep them financially afloat once retired.
However, Political Commentator Jack Rowlett claimed that the "demographic crisis is only getting worse" and argued that pensions "should be means tested."
Speaking on GB News he said: "In the UK at the moment I think that we have a demographic crisis which is only getting worse. We know over the next 25 years that 25 per cent of the population are going to be over 65.
"Currently we are rationing the fact that we can't afford the state pension by creeping back the age which I think is unfair because current working people who are paying for the state pension through taxation are not going to be seeing the same benefits.
"But also if you're a richer pensioner, you're going to be getting a state handout for much longer than if you're a poorer pensioner because life expectancy is much lower for poorer people than richer people.
"So by continuing to push back that age, it's grossly unfair.
"I think what we need to do is rather than scrapping the state pension or reducing it, we need to be means testing it instead.
"Because currently whether you're a rich pensioner or whether you're a pensioner who's struggling to heat your home and feed yourself, you're getting that same handout from the state."
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