Article preview: When Chancellor Rishi Sunak announced his spending review, all eyes were on the treatment of the state pension ‘triple lock’. This expensive guarantee for people receiving a state pension income was once more granted a reprieve for 2021, to some extent because more older people died than were previously expected, making the guarantee more affordable to provide. But the triple lock is once more in the crosshairs following a forecast that it could result in a 4.1% state pension increase in April 2022.
Why the state pension could rise 4.1% in 2022
This 450-word blog post looks at an official forecast suggesting the state pension could rise by 4.1% in April 2022. Written on 27th November 2020.
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