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Burnham says he will end pensions triple lock from 2030 to help fund national care service
On Tuesday, Prime Minister Andy Burnham announced plans to end the state pension triple lock after the next election, aiming to free up savings to fund a new National Care Service in England.
The triple lock costs £16 billion more annually than without the policy, guaranteeing pension increases linked to inflation, earnings, or 2.5%; Burnham intends to replace it with a double lock from 2030.
Burnham promised a "person-centred, high-quality care service that starts in the home," with Baroness Louise Casey's commission advising on implementation. The service will provide at-home care free at the point of use.
First Minister John Swinney criticized the move, claiming Burnham is "repeating the mistakes of Keir Starmer" by removing the triple lock, arguing the policy punishes pensioners unlike Scotland's free personal care model.
Acknowledging he "may pay a political price," Burnham insisted the shift is necessary; officials emphasized pensions will continue rising to hold value relative to national earnings despite the change.