Andy Burnham Pledges to Change Pension Triple Lock and Create a National Care Service
Burnham said the change would generate significant savings to fund at-home care free at the point of use, with new pension rules from 2030.
- On Tuesday, Prime Minister Andy Burnham announced plans to end the state pension triple lock after the next election, aiming to free up savings to fund a new National Care Service in England.
- The triple lock costs £16 billion more annually than without the policy, guaranteeing pension increases linked to inflation, earnings, or 2.5%; Burnham intends to replace it with a double lock from 2030.
- Burnham promised a "person-centred, high-quality care service that starts in the home," with Baroness Louise Casey's commission advising on implementation. The service will provide at-home care free at the point of use.
- First Minister John Swinney criticized the move, claiming Burnham is "repeating the mistakes of Keir Starmer" by removing the triple lock, arguing the policy punishes pensioners unlike Scotland's free personal care model.
- Acknowledging he "may pay a political price," Burnham insisted the shift is necessary; officials emphasized pensions will continue rising to hold value relative to national earnings despite the change.
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11 Articles
Triple lock overhaul ‘could help make state pensions more sustainable’
Prime Minister Andy Burnham said that from April 2030, Labour plans to adjust the triple lock.
End of triple lock: What is the double lock and will it work?
Andy Burnham has pledged to drop the triple lock on state pensions for a so-called ‘double lock’ in Labour’s next manifesto in order to pay for his new National Care Service. In an address to party members, Burnham confirmed the existing triple lock mechanism will remain in place for the remainder of this parliament before [...]
Burnham Axes Triple Lock and Unveils Elections Shake-Up to Shut Out the Right
Andy Burnham has announced that he will axe the pensions triple lock in 2030 to pay for free social care as well as unveiling an elections shake-up to shut out the Right from power.
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