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Story perspectives

OECD Urges UK to Reform State Pension Triple Lock

9/6/2026

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Story summary
  • UK Prime Minister Andy Burnham faces pressure to scrap the state pension triple lock.
  • Burnham says there are no plans to abandon the triple-lock policy.
  • Wage growth of 4.1% exceeds inflation, leading to a projected £500-plus pension increase in April 2027.
  • Organisation for Economic Co-operation and Development (OECD) and other groups have urged UK reform of the triple lock.