State PensionDec 13 2023

IFS calls for pensions triple lock to be replaced by earnings link

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IFS calls for pensions triple lock to be replaced by earnings link
“The IFS’ suggestion that government sets out what the state pension should be worth in relation to median earnings is a sensible one." (Pexels/Alena Koval)

The Institute for Fiscal Studies (IFS) has suggested a new ‘four-point pension guarantee’ to provide greater certainty and confidence over what people can expect to receive from the state pension.

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