Prime Minister Burnham announces scrapping of pensions triple lock
UKPulse News Desk
Prime Minister Burnham has announced that the pensions triple lock will be scrapped in its current form. This decision is intended to partly fund a "national care service".
- Prime Minister Burnham announced the scrapping of the pensions triple lock.
- The change is intended to partly fund a "national care service".
- The original triple lock was designed to lift pensioners out of poverty.
Prime Minister Burnham has announced that the pensions triple lock will be scrapped in its current form. This move is intended to partly fund a "national care service".
The original triple lock was designed to lift pensioners out of poverty. However, the OBR reportedly states that it contributes to the unsustainability of public finances.