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    Capt, re: #38 Behind the growth incomes was a steep rise in private pensions, said the ONS, which increased sevenfold over the period. Whilst an impressive article, it doesn't compare apples with apples. The amount of private pensions, back in the day, reveals the reason.

    The state pension has also doubled in value in real terms, rising from £5,600 in 1977 to £11,000 in 2016. True, but those relying on the state pension only were typically in pensioner poverty.

    Immediately after Margaret Thatcher won the 1979 election. She announced that the earnings link with pensions and other social security benefits would be abandoned. This was the biggest cut by far of any of the measures introduced in the 1980s and 1990s. Source: https://www.theguardian.com/society/2000/nov/09/socialcare.comment1

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