State pension update as DWP minister confirms triple lock 'slightly higher' plans

Inflatie

A high-ranking DWP minister has discussed the future of the triple lock policy, which is set to boost payments by 4.8 percent from April. The policy guarantees that the state pension rises each April in line with the highest of inflation, the increase in average earnings or 2.5 percent. DWP minister Torsten Bell recently spoke to the Work and Pensions Committee on various topics related to retirement and pension provision. He was questioned about whether he believes the Government should

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