Labour MP: The Pension Triple Lock Cannot Last Forever 🤯

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pension spending, which is, as you know,
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the largest item on the welfare bill.
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Um, I mean, it's obviously very
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politically difficult to maybe be behind
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closed doors telling the chancellor she
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needs to do something about pensions.
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The triple lock inevitably cannot last
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forever. That is a mathematical fact.
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You heard it first. Um, well, I mean,
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that's just mathematically true, right?
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You cannot have a uh pensions bill that
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on average rises faster than wages
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indefinitely. That's just a mathematical
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truth. So the real question is
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eventually this country is going to have
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to um start grappling with that
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question. Now we made a manifesto
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commitment. We are sticking to that
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manifesto commitment to the triple lock
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over this parliament. I think that is
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the right thing to do. But it's
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certainly true that at some point in the
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decades to come, we are going to have to
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grapple with this question of how we put
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pensions on a more long medium longterm
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stable footing.

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Labour MP: The Pension Triple Lock Cannot Last Forever 🤯

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Labour MP: The Pension Triple Lock Cannot Last Forever 🤯

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