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[POLITICS] · United Kingdom · 2 sources

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Nigel Farage criticizes plans to abolish pension triple lock

Nigel Farage has criticized plans to abolish the state pension triple lock, labeling the move a betrayal of the social contract with pensioners. The criticism follows comments by Andy Burnham regarding potential changes to the mechanism, which guarantees that state pensions rise by inflation, average earnings, or 2.5 percent, starting in 2030.

Farage argued that the government is targeting those who have contributed to the system through National Insurance for decades. He stated that the state pension is a fundamental social contract rather than charity, and emphasized that Reform UK remains committed to supporting the triple lock.

Entities

Andy Burnham · Labour Party · Nigel Farage · Reform UK