Yet the Government has decided to weasel out of it by dismantling the triple lock for a year. The rich get richer while the poor survive on a meagre state pension that in real terms continues to fall in value.' But he is worried that the Government may undermine the state pension yet again if it is short of money. The current flat-rate state pension for those who reached state pension age after April 2016 stands at £179.60 a week. Even as recently as 2019, the triple lock was set in stone as part of the Tory Election manifesto to 'unleash Britain's potential.'
Source: The Nation September 11, 2021 21:33 UTC