View Single Post
Old 06-11-2016, 10:14   #10
nomadking
cf.mega poster
 
Join Date: Apr 2004
Location: Northampton
Services: Virgin Media TV&BB 350Mb, V6 STB
Posts: 8,320
nomadking has a bronze arraynomadking has a bronze arraynomadking has a bronze array
nomadking has a bronze arraynomadking has a bronze arraynomadking has a bronze arraynomadking has a bronze arraynomadking has a bronze arraynomadking has a bronze arraynomadking has a bronze arraynomadking has a bronze arraynomadking has a bronze array
Re: Triple-lock pension should be scrapped, say MPs

Quote:
Originally Posted by Damien View Post
It goes up by whichever of the three is highest.
But before the triple-lock came along, any increase was connected to inflation. If inflation goes up, the there will be little difference between now and then. It is low inflation that creates what are seen as "unfair" increases. It is the automatic nature of the triple-lock that is the problem. Having adhoc additional increases, where there is evidence of a sustained increase in the economy might be better.
nomadking is offline   Reply With Quote