How the state pension could change after triple lock
Andy Burnham has said that the triple lock will be 'adjusted' from 2030 if Labour wins the next general election. This will make it more like a double-lock, retaining a link to the higher of inflation or 2.5 per cent. Here's how that could change its annual value:
Note: PM specified that the state pension will "hold its value relative to earnings over time" under changes. This means that ad hoc upratings could be made, which are not visualised here.
