Yeah, them’s the words I was trying to remember. Says the same on my payslips.
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There have been so many changes to pensions!
I worked from 1968 to 1997 for the same company & as I contributed to the company pension fund I think I was paying a lower NI contribution , which meant that I would get the basic state pension… which I think is around £8000 a year. I then get my works pension which I contributed to for 30 years & that paid 2/3rds of my final salary… which currently increases in line with inflation.
My works pension contributions, from my salary were not taxed.
I was lucky because the company I worked for never used the pension fund for other purposes, as some companies did, & many people lost the pensions they had paid into. 
We were originally contracted out, but that was with a final salary pension, in 94 it became a money purchase scheme , contracting back into serps, a payment was made by the company at the time for something that was the Guaranteed mininum pension, this sum was for the years we were contracted out, the monies paid to the state .Next year aged 66 I get according to the web site a not inconsiderable state pension, got to get there first though .the years I’m talking of were 78 to 94, according to my financial adviser its the highest state pension he’s seen.
That makes sense I haven’t lived in Britain since the very early 1970s, but I do recall graduated pensions and national insurance taken out of my pay.
I don’t think it’s a matter of the younger generation not liking us.
More to the point a lot of young & young families are struggling financially ,whilst many pensioners are very comfortably off. In my opinion the increase should be means tested.
Along with the winter fuel allowance, and that £10 Christmas bonus what’s that about get rid of it.
Also the bus pass …means test it or at least pay contribution towards the bus fare