Intergenerational Foundation

Should pensioners travel for free?

A potential review of London’s Freedom Pass has reopened a bigger question about how concessionary travel is allocated, and who it is really for.

The Freedom Pass provides a valuable benefit for many older Londoners. But as the population ages and public finances come under pressure, it is reasonable to ask whether universal, age-based concessions remain affordable or fair.

Today, many pensioners are doing relatively well, while younger people face rising rents, weak wage growth, and higher transport costs. That raises difficult intergenerational questions about who should be subsidised, and on what basis.

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