Guarantee the Triple Lock on State Pensions
Guarantee the Triple Lock on State Pensions
Why this petition matters
The Daily Express and Silver Voices call on Prime Minister Rishi Sunak to stick to the Government's manifesto promise guaranteeing the pensions triple lock to give older people the security and dignity they deserve.
With the cost of living spiralling, people across the country need certainty about their pensions.
Most pensioners have a fixed income and millions of over-66s rely on the state pension as their main source of money to buy life’s essentials. The UK state pension is the worst in the developed world, with nine out of ten older people getting £142 per week or less. The Triple Lock was introduced to protect the state pension falling further behind earnings and inflation, as it had done for several decades. The Lock means that each year the state pension should rise by the higher of prices, earnings or 2.5%.
The Conservatives promised to maintain the Triple Lock in their 2019 Manifesto but suspended it, supposedly for one year, in April 2022, citing the special circumstances of the pandemic. This resulted in a rise of only 3.1% on the state pension in April when inflation was already heading towards 10%. The Government is considering whether to suspend or scrap the Triple Lock again, at a time when most older households are struggling to pay their energy and food bills.
The Daily Express has joined the over-60s campaign organisation Silver Voices in launching this petition to convince the Government to protect and support pensioners, asking Government to maintain and recommit to the triple lock.
Please sign our petition today to add your support. The health and well-being of millions of senior citizens depend on the Government making this commitment.