Remembering the Past: Protecting Our Seniors' Pensions
By Neville Tyrrell , JP, MP Constituency #26, Warwick South Central
We all remember what happened the last time the One Bermuda Alliance (OBA) was in government. For four long years, they did not increase pensions, only to do so on the eve of the election.
Recently, OBA Shadow Finance Minister Doug Decouto, in a press conference, lamented how difficult it was to raise senior pensions. He stated, “It’s easy to give a pension increase; it’s not easy to pay for it.” This should set off alarm bells for all seniors.
These are challenging times globally, with the cost of living being a major issue. Seniors are already struggling. And now, the OBA will not commit to raising senior pensions every year?
We remember when they told our seniors that "money doesn’t grow on trees."
Seniors, beware. If you want to protect your pension increases, vote PLP.