State pension increase revealed next week after triple lock suspension

Triple lock suspended

clock • 2 min read
State pension increase revealed next week after triple lock suspension
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State pension increase revealed next week after triple lock suspension

Millions of pensioners will find out how much their state pension will increase by in 2022/23 next week after the government suspended the triple lock guarantee due to the concern that a post-pandemic rise in average earnings would have caused the benefit to rise 8%.

Concerns of a dramatic surge in state pension date back to August when the Office for National Statistics (ONS) published data on average earnings, igniting Boris Johnson's fears the benefit would be massively...

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