Triple lock update over 'review' of state pension increase calculation
Inflatie
The triple lock metric used to determine how much the state pension increases could be changed. The policy ensures state pension rates go up each April in line with whichever is highest: 2.5 per cent, inflation or the rise in average earnings. The Government has previously said it is committed to the triple lock for the duration of this Parliament. But as the costs of the policy rise continue to increase , some experts fear it will soon become unsustainable. Rebecca Lamb, external relations
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