Conservatives Will Keep Pension ‘Triple Lock’ in Platform, Hunt Says
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Jeremy Hunt
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Britain’s ruling Conservative party will promise to keep the generous “triple lock” on state pensions in the upcoming election despite the spiraling cost of the commitment, Chancellor of the Exchequer Jeremy Hunt said.
Speaking to UK broadcasters on Sunday, Hunt said the triple lock — a guarantee that the state pension for the country’s 12 million retirees rises by the highest of inflation, average earnings, or 2.5% — would be a manifesto pledge.