Ministers warn state pension triple lock is ‘not sustainable in the long term’ after wages surge puts OAPs on track for 8.5% boost in April – piling billions of pounds on to government spending
Ministers have warned the state pension triple lock is ‘not sustainable in the long term’ after surging wages put OAPs on track for a bumper rise next year. Under the triple lock, the payouts go up in April by the highest out of average earnings, CPI inflation or 2.5 per cent. The pay number for … Read more