Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleThe Labour-aligned think tank Compass has urged Andy Burnham to introduce a Pensions Sacrifice OBE, allowing wealthy pensioners to give up their state pension for at least three years in exchange for an honour. The proposal is designed to help alleviate growing pressure on public finances and address Britain's mounting pension crisis caused by an ageing population and triple-lock costs. Compass outlined the policy as part of a report containing 100 recommendations for Mr Burnham's first 100 days in office. Additional recommendations in the report include a wealth tax of up to 10 per cent to fund universal basic income, a 50mph speed limit for fossil fuel cars, and a Danish-style national maternity fund. The proposals come as Mr Burnham prepares for his first budget on 28 October, facing significant fiscal challenges including a £4.7bn defence spending shortfall. In fullLet rich pensioners opt out of state pension in exchange for OBE, Labour pressure group urges BurnhamMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
Burnham urged to offer OBE to those who sacrifice state pension
Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleThe Labour-aligned think tank Compass has urged Andy Burnham to introduce a Pensions Sacrifice OBE, allowing wealthy pensioners to give up their state pension for at least three years in exchange for an honour. The proposal is designed to help alleviate growing pressure on public finances and address Britain's mounting pension crisis caused by an ageing population and triple-lock costs. Compass outlined the policy as part of a report containing 100 recommendations for Mr Burnham's first 100 days in office. Additional recommendations in the report include a wealth tax of up to 10 per cent to fund universal basic income, a 50mph speed limit for fossil fuel cars, and a Danish-style national maternity fund. The proposals come as Mr Burnham prepares for his first budget on 28 October, facing significant fiscal challenges including a £4.7bn defence spending shortfall. In fullLet rich pensioners opt out of state pension in exchange for OBE, Labour pressure group urges BurnhamMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
