“No, it's essential for retirees”
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The UK's state pension triple lock guarantees that pensions rise annually by the highest of: inflation, wage growth, or 2.5%. Introduced in 2010, it protects pensioners' purchasing power but costs the government billions and grows faster than the working-age population can sustain. The debate centres on whether this commitment remains affordable as Britain ages and fiscal pressures mount, or whether scrapping it would betray pensioners.