Dossier
triple-lock pensions
Coverage of triple-lock pensions in the Nexus archive.
- Labour should ditch triple-lock pensions promise, says OECD
The Organisation for Economic Cooperation and Development (OECD) has urged the UK Labour Party to abandon its triple-lock pensions promise, arguing it exacerbates public finances and creates significant fiscal risks. The policy, which annually increases the state pension by the highest of wage growth, inflation, or 2.5%, is criticized for straining UK public finances.