What is the triple lock and how much is the state pension worth?
Source: BBC
Getty ImagesThe cost of the state pension triple lock is set to be three times' higher by the end of the decade than original estimated, according to the government's official forecaster.The triple lock guarantees that the state pension rises each year in line with either inflation, wage increases or 2.5% - whichever is the highest.It meant the state pension rose by 4.1% in April 2025. What is the state pension…
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