State Pension Warning: Partial Increases Under Triple Lock Rule
The Triple Lock Rule has long promised to protect the incomes of UK pensioners. It guarantees the state pension will rise each year by the highest of inflation, average earnings growth, or 2.5%. The goal is to stop retirees losing buying power when prices or wages change and to protect retirement income against cost-of-living rises. However, recent reporting shows that not every pensioner will get the full rise next April.
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