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Should the triple lock be scrapped in the 6 March Budget?
BlackKnightMonty
Posts: 516 Forumite
Should the triple lock be scrapped in the 6 March Budget? 160 votes
Yes it should be scrapped
36%
58 votes
No it should be kept
63%
102 votes
1
Comments
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Yes it should be scrappedI voted yes but it won't happen."You've been reading SOS when it's just your clock reading 5:05 "0
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No it should be keptIf it's scrapped what do people think increases in the future should be based on that it isn't now?0
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As above, what alternative options are you proposing, and on what grounds?2 -
Yes it should be scrappedeskbanker said:
As above, what alternative options are you proposing, and on what grounds?I think linking it / limiting it to worker’s average pay rise would make a great deal of sense.0 -
Triple - yes
Double - No
Remove the 2.5% "regardless" bit.
So is that a vote for yes or no?How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)3 -
Yes it should be scrappedNah, it should be based on CPI! 🫤0
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It's irrelevant, they (whoever is in power) will claw it back by cutting NI and not increasing PA, thereby hitting those receiving the benefit of the triple lock.
2 -
Yes it should be scrappedAgree CPI only. But haven't both party leaders already said that they will honour the current triple lock?3
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Possibly what the last few years have shown is that there may need to be a maxima as well as a minima placed upon it.I don't care about your first world problems; I have enough of my own!1
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Yes it should be scrapped
It should be linked to average earnings and CPI, drop the "or 2.5%" part.westv said:If it's scrapped what do people think increases in the future should be based on that it isn't now?2
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