POLL: Should state pension rise under the triple lock?


The triple lock mechanism traditionally sees state pension payments rise by whichever is the highest of: 2.5 percent, inflation or average earnings.

As such, all eyes are now on the September Consumer Prices Index (CPI) inflationary figure, due to be released on October 19, 2022.

With inflation running high, it is expected this will be the measure by which the state pension for 2023/24 is measured.

The decision is typically made in November, with the increase kicking in the following April. 


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