State Retirement Pensions: Uprating
(asked on 17th October 2022) - View Source
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, with reference to the Chancellor's statement on 17 October 2022, whether she plans to maintain the triple lock on pensions.
This question was answered on 25th October 2022
The Government has committed to implementing the Triple Lock for the remainder of this Parliament.
Under this Government, the full yearly amount of the basic State Pension has risen by over £2,300, in cash terms. That’s £720 more than if it had been uprated by Prices, and £570 more than if it had been uprated by earnings since 2010.