Jubilee thoughts on the forgiveness of debt

Jubilee stamps

You can cope with increases in your fuel costs, the price at the pump, the supermarket bill. But do you know some who might be struggling? Do you know some who may be finding it hard right now, might you know someone who is elderly who might not be complaining , but might be dreading the months ahead?

I know some, I meet them at my church . I am sure I pass by many I do not know even getting to my church, Jesus said that the poor are always with us, but we are living in a rich country where help should be at hand. Help is at hand. We are not in a time where the poor have refuge only in the workhouse and rest in a pauper’s grave.

These thoughts come to me as I sit in the pretty village of Hurley in rural Bershire, I am writing a paper for the DWP about what I hope the private sector could do for the elderly poor by alerting them to and encouraging them to apply for pension credit.

It strkes me that the remedies I am proposing will be of no use unless those senior in our pension system have thoughts like those that beset me. It has become coomonplace for us to wish for improvements in financial wellbeing. But we wish to implement change on those we know as our customers, those who will save with us and not those who have nothing to save , who are struggling to meet their needs.

We are at the Jubillee of the Queen’s accession to the throne, I am reminded that a Jubilee stricltly requires the foregivness of all debt. I am reminded of the Jubiee Debt Coalition.

The name was chosen in 1995/1996, as preparations were gathering pace for the celebration of the millennium. The concept was that justice and poverty alleviation through the cancellation of debts would be a fitting celebration for the millennium. The concept of debt cancellation and celebration is linked to the Old Testament concept of Jubilee, which meant that every 50 years, people sold into slavery, or land sold due to bankruptcy, were redeemed.

Let us hope that we can use the few days ahead , to remember that the need for financial wellbeing extends to people who are not our customers and may not even be known to us.

If we are to alleviate poverty and improve social justice, we need to think of the means we have at our disposal, One of those means is pension credit which is available but unused by up to 850’000 of our fellow citizens who together miss out on up to £1,800’000 each year. This money could be deployed to reduce the impecunity of those over state pension age.

It could and should be deployed and it is our moral and social duty to help find its potential beneficiaries.

About henry tapper

Founder of the Pension PlayPen,, partner of Stella, father of Olly . I am the Pension Plowman
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1 Response to Jubilee thoughts on the forgiveness of debt

  1. John Mather says:

    You observation on the old and poor is right as with pensions observing the situation is where it ends for most observers and does not improve the situation…

    It takes people like Gareth to take action and make a difference.

    With identifying the poor individual often, they have no one to talk to and human contact is even more valuable than money.

    Can I suggest that you adopt just one such individual give them £50 a week but make sure you speak with them at least 3 times a week.

    Add a which means that….. is added to give an immediate solution rather than waiting for someone else to take action

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