The politically feasible move is probably to break up the homogenous pensioner voting block. I'd say some version of means testing/adjusting benefits could achieve that.
If they start with a really high asset bar and have the benefits taper off pretty slowly, so that it only effects say the top 10% of current pensioners, they might be able to stoke fears about the current system's solvency and play into "eat the rich" sentiments.
The politically feasible move is probably to break up the homogenous pensioner voting block. I'd say some version of means testing/adjusting benefits could achieve that.
If they start with a really high asset bar and have the benefits taper off pretty slowly, so that it only effects say the top 10% of current pensioners, they might be able to stoke fears about the current system's solvency and play into "eat the rich" sentiments.