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Burnham plans to end state pension triple lock from 2030 to fund care

BBC News · Business

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  • Andy Burnham said he will end the existing state pension triple lock from 2030 to help fund a new national care service.
  • Under his plan, the state pension would increase yearly by at least inflation or 2.5%, removing the automatic link with average earnings.
  • Burnham said the triple lock change would generate significant savings for his social care reforms in England.
Burnham vows to end existing pension triple lock in 2030 to help fund care
Photo: BBC News / source, © BBC News.

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