State Pension Triple Lock: What Is Triple Lock Guarantee? What Does It Let Pensioners Do? express.co.uk

The new state pension being phased in by Theresa May’s Conservative government will alter how much people receive once they retire. It was introduced on April 6, 2016 and will be available to men born on or after April 6, 1951 and women born on or after April 6, 1953. The new rules replace the old “triple lock” pension guarantee for people who reached State Pension age before April 6, 2016. Introduced by then Prime Minister David Cameron’s coalition government in 2010, the triple lock has two main elements