John Sheffield, Thatcher did not break the State pensions link to earnings to save money, Thatcher broke the State pension link to earnings because this was part of her agenda to roll back "the roll of the state", Thatcher simply did not believe in the "State" and what the state at that time had provided.
"New" Labour's mistake, ( for want of a better word ) was in continuing Thatcher's agenda in everyway, not just pensions.
I got involved in the pensioners cause as late as 1987, 7 years after the earnings link was broke, prior to 1987 I was not a political animal at all, but from 1987 I joined the Labour party as an activist prior to Blair taking Labour to the right, and I joined because having then learned about Thatcher, I wanted to play an active part in her demise.
However I do understand what you are saying, from your point of view too many people are involved now for seemingly their own sake, yes, or no ?