Webb commits Lib Dems to triple lock

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The Liberal Democrat manifesto will commit to making the state pension triple lock law, boosting the benefit by at least £790 a year by 2020, says pensions minister Steve Webb.

The triple lock was introduced by coalition government in 2010 and guarantees the state pension will increase by the higher of consumer prices index (CPI) inflation or average earnings, with a 2.5%...

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