Demanding help for pensioners

The Liberal Democrats have become the first UK party to commit to protecting the triple lock on pensions in the next Parliament.

The Liberal Democrats are committed to protecting the triple lock, ensuring that pensions rise in line with inflation, wages or 2.5% – whichever is highest.

We are proud that we are the ones who brought in the triple lock, lifting thousands of vulnerable pensioners out of poverty. And we are proud to be the first UK party to commit to keeping it in future.

Neither the Conservatives or Labour have so far committed to protecting pensioners by keeping the triple lock in place. In 2022 the Conservative Government broke its manifesto promise and didn’t honour the triple lock. The endless flip flopping by the Conservatives and the Labour Party on this issue is causing huge anxiety for pensioners already worried sick about how to pay the bills.

Pensioners are also being hit particularly hard by the cost of living crisis, facing disproportionately high energy bills. The average energy bill of just under £2,000 is 20% of the £9,627 a year paid through the new state pension. They should not be made to pay the price for years of economic mismanagement under the Conservatives.