> "Pensions have not been going up. The triple lock was suspended. Inflation is wrecking the pensions of millions."
The triple lock has been temporarily suspended (with the wages element removed, so becoming a double lock) for 2022-23. The government has repeatedly said, and it was re-stated again by Sunak just the other day, that after this year the triple-lock will be reinstated for the rest of the parliamentary term.
Critically, the consumer price index part of the lock is still in place, so pensions will still rise in line with inflation (as measured by CPI) in 2022-23.
The triple lock has been temporarily suspended (with the wages element removed, so becoming a double lock) for 2022-23. The government has repeatedly said, and it was re-stated again by Sunak just the other day, that after this year the triple-lock will be reinstated for the rest of the parliamentary term.
Critically, the consumer price index part of the lock is still in place, so pensions will still rise in line with inflation (as measured by CPI) in 2022-23.