Sir Keir Starmer has vowed to keep the Triple Lock if Labour win the next general election.
Sir Keir Starmer has vowed to retain the State Pension Triple Lock for at least five years if he enters Downing Street, in a pre-election pitch to older voters. The Labour leader said pensioners “deserve certainty” as he guaranteed the Triple Lock would be “protected for the duration of the next parliament” under his premiership.
As a result of the Triple Lock increase of 8.5 per cent, the full, New State Pension is now worth £221.20 each week and as payments are typically made every four weeks, this amounts to £884.80 each pay period. Over the 2024/25 financial year, this is an increase of £902, taking the annual income from State Pension alone from £10,600 to £11,502.
Top Money Stories Today Writing in the Sunday Express, Sir Keir said: “Britain’s pensioners deserve better. They deserve certainty, and for politicians to be straight with them so they can plan their lives. “It will also boost the pensions of working-age people as they look forward to their own retirements.”
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