Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, what assessment she has made of the potential effect of removing the triple lock on state pensions on pensioners.
The Secretary of State has not made an assessment of the impact on pensioners of the effect of removing the triple lock on State Pensions.
The Government is committed to ensuring that older people are able to live with the dignity and respect they deserve, and the State Pension is the foundation of state support for older people.
Since 2010, the full yearly amount of the basic State Pension in 2020/21 is around £700 higher than if it had just been up-rated by earnings since April 2010. That’s a rise of over £1,900 in cash terms.