State Retirement Pensions

(asked on 4th October 2024) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, what steps she plans to take to ensure the continuation of the triple lock on state pensions.


Answered by
Emma Reynolds Portrait
Emma Reynolds
Parliamentary Secretary (HM Treasury)
This question was answered on 16th October 2024

The Government has committed to up-rating the basic and new State Pensions by the Triple Lock for the length of this Parliament.

Through our commitment to protect the Triple Lock, over 12 million pensioners will benefit. Over the course of this Parliament, the full yearly rate of the new State Pension is forecast to increase by around £1,700.

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