How to fix the pensions triple lock but still protect pensioners from high inflation
- Written by Carl Emmerson, Deputy Director, Institute for Fiscal Studies
The triple lock increases some benefits payments by inflation, earnings or 2.5%, whichever is highest.Max_Z / ShutterstockPlans to increase state pension payments in line with inflation have been reinstated by the UK government and are supported by both of the contenders for the Conservative party leadership. But even if inflation was not always...
