https://birminghamdaily.co.uk/tags/policyreform/Recent content in policyreform on Birmingham DailyHugo -- gohugo.ioen-usMon, 18 May 2026 06:00:26 +0000https://birminghamdaily.co.uk/dwp-urged-to-scrap-triple-lock-state-pension-guarantee-for-wealthier-households/Mon, 18 May 2026 06:00:26 +0000https://birminghamdaily.co.uk/dwp-urged-to-scrap-triple-lock-state-pension-guarantee-for-wealthier-households/The Department for Work and Pensions (DWP) has come under pressure to abolish the long-standing triple lock guarantee on state pensions. Critics claim that the policy, which guarantees the highest of wage growth, inflation, or 2.5% as an annual pension increase, is both costly and inequitable. Jon Moynihan, writing in the Telegraph, explains the concept clearly: “Given the choice of the national rate of wage increases, inflation (CPI), or 2.5 percent, the government awards whichever is highest to pensioners.