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Reasons the PM may end the triple lock pledge
The UK government is considering the possible abandonment of the state pension triple lock policy, which ensures pensions increase annually by at least 2.5% or in line with inflation or earnings. This shift is being discussed amid plans to fund a new national care service and reduce welfare costs, with the potential to reframe pension savings to support long-term social care initiatives. Although historically regarded as politically unfeasible, ongoing economic pressures and budget concerns have prompted debates about reforming this policy.
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