Burnham to pass law scrapping pension triple lock before next election
Prime Minister Andy Burnham has announced plans to legislate for the removal of the state pension triple lock before the next general election, although the current guarantee will remain in place until 2030. The government intends to use the projected savings from this policy change to fund a new national care service in England that is free at the point of use. While the move has faced criticism from opposition parties and some unions, polling indicates that a majority of voters support the plan.
- ▪The government will introduce legislation to scrap the pension triple lock in the current parliament, despite the guarantee remaining until 2030.
- ▪The adjusted mechanism aims to reduce state pension spending by an estimated £15bn a year by the end of the 2030s and £50bn a year by 2050.
- ▪Savings from the pension changes are earmarked to fund a national care service in England that covers care costs but not accommodation.
- ▪The Resolution Foundation noted that actual savings could range from zero to £24bn annually depending on economic volatility and wage growth trends.
- ▪YouGov polling suggests 48% of voters support the plan to scrap the triple lock, compared to 28% who oppose it.
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| Original publisher | The Guardian — World |
| Canonical URL | https://www.theguardian.com/politics/2026/oct/02/burnham-law-pension-triple-lock |
| Publication time | Fri, 02 Oct 2026 16:39:11 GMT |
| Retrieval time | 2026-10-02T16:45:50.491Z |
| Last seen | 2026-10-02T16:45:50.491Z |
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Andy Burnham delivers his conference speech, in which he set out plans for a national care service in England. Photograph: Gary Roberts/SOPA Images/ShutterstockView image in fullscreenAndy Burnham delivers his conference speech, in which he set out plans for a national care service in England. Photograph: Gary Roberts/SOPA Images/ShutterstockAndy BurnhamBurnham to pass law scrapping pension triple lock before next electionGuarantee will remain until 2030, but MPs will vote on changes during this parliament, government saysRowena Mason Whitehall editorFri 2 Oct 2026 12.39 EDTLast modified on Fri 2 Oct 2026 12.40 EDTSharePrefer the Guardian on GoogleAndy Burnham will pass legislation to scrap the state pension triple lock in this parliament, even though the guarantee will remain until 2030,…
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