The Institute of Economic Affairs (IEA) calculates the moves could save taxpayers’ £16 billion a year.
But charities and elderly groups condemned the recommendations, warning they risked unfairly targeting older people and could even prove deadly.
Pensioners should lose a series of benefits, including free TV licences and the winter fuel allowance, to ease the financial squeeze on younger people, according to a think-tank.
The Institute of Economic Affairs (IEA) calculates the moves could save taxpayers’ £16 billion a year.
But charities and elderly groups condemned the recommendations, warning they risked unfairly targeting older people and could even prove deadly.