Cameron commits to earnings and state pension link

Speaking at a conference yesterday, the Daily Telegraph reported the Tory leader as saying abandoning the restoration of the earnings link would be a "false economy". Cameron added the huge budget deficit would not stop a Tory government from taking this action. He said: "The reason it is affordable is because of the agreement that the parties came to over raising the state pension age progressively from 65 to 68." The link between earnings and the level of the basic state pension was broken in 1980, when the Conservative government linked rises in the benefit to inflation instead ...