The state pension’s triple lock provides a safeguard against increases in living costs and earnings, ensuring payments keep pace with both. Further details are expected as the story develops.
State pension triple lock protects payments as prices and pay rise
Source: BBC Business Summarised by News Hub Central
Original reporting
BBC Business: read the full reportFollow this story
Earlier reports and follow-ups on the same developing story.
- Will pensioners be poorer as a result of Burnham scrapping the triple lock?
- Voters back Burnham’s plan to cut back triple lock to fund social care reform by 48% to 28%, poll suggests – as it happened
- Tories committed to pension triple lock, deputy leader says
- Lib Dem MPs criticise Davey over pension triple lock response
- Flipping public opinion on the triple lock was Burnham magic – he’ll need more of it to see his social care plans through | Polly Toynbee
- Burnham plans to pass law scrapping pension triple lock before next election
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