UK. Theresa May ‘to KEEP pensions triple lock due to General Election voter backlash fears’
The Prime Minister avoided providing definite answers as to whether she may ditch the policy during the last session of PMQs before the General Election.
But senior Tory’s have allegedly suggested she may keep the scheme because the financial savings may not be worth the political risk.
One senior Tory told the Daily Mail: “It has to be tackled in the long run, but I suspect in the end we won’t touch it in the manifesto.
“It is not sustainable in the long term, but with the outlook for inflation being what it is, seeing it wouldn’t make much difference in the next Parliament.”
Introduced by the Coalition Government in 2010, the triple lock guarantees that the state pension will rise in line with inflation or average earnings or by 2.5 per cent.
Full Content: Express
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