Govt suggests triple lock could be diluted to avoid 'artificial' increase

Reports in The Guardian

Tom Ellis
clock • 2 min read

Boris Johnson's spokesperson has admitted to concerns the triple lock could see the state pension "potentially artificially inflated" by earnings figures after the Office for National Statistics (ONS) published its most recent data, according to The Guardian.

The triple lock guarantees the basic state pension will rise in line with the highest of earnings, inflation or 2.5% and was a Conservative manifesto promise at the most recent general election. A spokesperson for Boris Johnson said: "I think we recognise the legitimate concerns about potentially artificially inflated earnings impacting the uprating of pensions. Any decision on future changes to the triple lock will be taken at the appropriate time based on the latest data, and of course we will continue to support older people, while ensuring future decisions are fair with pensioners an...

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