Is the PM's pledge to keep the triple lock worth anything?

Pensioners would have been better off without the triple lock

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This weekend the Prime Minister pledged that a Conservative government would keep the ‘triple lock' for increases to the basic state pension for the length of the next parliament. But what would David Cameron's promise actually mean for pensioners?

What effect has the triple lock had? The triple lock, which guarantees an annual increase in line with inflation as measured by the consumer prices index (CPI), average earnings or 2.5%, whichev...

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