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Labour will protect state pension as Tories fail to commit to Triple Lock

  • Writer: Scott Dickinson
    Scott Dickinson
  • May 13, 2017
  • 1 min read

Today Labour is committing to protect the incomes of twelve million pensioners by legislating to keep the 'triple lock'. · Under The Tories 300,000 more pensioners are in poverty, yet they have failed to commit to the ‘triple lock’ on state pensions which protects pensioners’ standards of living.

· The Tories are abandoning older people. They have cut £4.6 billion from social care budgets over the last parliament and they have failed to protect the NHS.

· A Labour Government will protect pensioner incomes by legislating to keep the Triple Lock on state pensions over the lifetime of the next parliament. · Labour is also committing to keep the Winter Fuel Allowance and free bus passes.

· Labour's commitment means that state pensions will be uprated by the higher of average earnings, inflation or 2.5 per cent.

· With more pensioners in poverty under the Conservatives, it is clear that a Labour Government is necessary to provide a secure and dignified retirement for the many who have contributed all their lives. 

Scott said: "These are the guarantees people need to hear." 

"These are the big issues that people are concerned about and the Tories are silent on"


 
 
 

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