The Runaway Train

The state-pension triple lock has featured in media debate in recent weeks with speculation as to whether or not the Government is genuinely committed to maintaining it or not. Some politicians of course are not reticent in putting forward arguments for its abolition. I am a member of the cohort who, because of changes in Government policy, was denied her state pension at first 60, then with relatively short notice at 62 as well. Luckily, I am now growing in confidence that it might actually start to be paid when I attain 66; those only slightly younger than myself must wait until 67. Whether the pension, which we now have to work longer to earn in full, will be worth a realistic sum going forward, is of course dependent on the Government's commitment to the lock. There are those who argue that the country cannot afford the increases it guarantees and whereby the state pension rises annually in line with inflation, average wage growth or 2.5% whichever is the greater. What they o