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

Reports in The Guardian

Tom Ellis
clock • 2 min read
“I think we recognise the legitimate concerns about potentially artificially inflated earnings impacting the uprating of pensions" - a Boris Johnson spokesperson.
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“I think we recognise the legitimate concerns about potentially artificially inflated earnings impacting the uprating of pensions" - a Boris Johnson spokesperson.

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...

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