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Pension Boost Looms Under Triple Lock | Sheffield News
Description
Pensioners could see a £540 boost next year thanks to the triple lock policy, with wage growth likely driving the rise — up to £10.30 weekly — as inflation lags behind. But critics warn this costly guarantee, now over 10 years old, risks straining public finances for decades, especially with an aging population. While reform talks simmer behind the scenes, the government’s current focus is on delivering this year’s promised increase.
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