State Retirement Pensions: Uprating

(asked on 5th October 2026) - View Source

Question to the Department for Work and Pensions:

To ask His Majesty's Government, in the light of the publication of the State Pension uprating analysis on 29 September, what plans they have to provide a sensitivity analysis of the figures cited for future rates of pensioner relative poverty, using alternative assumptions for the effect of the triple lock on the level of the basic state pension and the new state pension, in line with those used by the OBR in its latest Fiscal risks and sustainability report.


Answered by
Baroness Sherlock Portrait
Baroness Sherlock
Minister of State (Department for Work and Pensions)
This question was answered on 22nd October 2026

Levels of pensioner poverty under the adjusted triple lock are projected to decline with relative pensioner poverty after housing costs estimated to fall from 14% in 2024/25 to 8% by 2049/50. However, the Government is not complacent on the issue of pensioner poverty. This is why we have asked the Pensions Commission to make recommendations on further support for lower-income pensioners in their final report. The Department for Work and Pensions has no plans to publish a separate sensitivity analysis using alternative OBR triple lock assumptions.

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