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Explore Burnham will SCRAP TRIPLE LOCK after 2030 to fund National Care Service with 11,191 views, 71 likes, and 217 comments. Experience the impact of this video content that has captured audience attention.

In a massive moment, Andy Burnham announces a plan to overhaul the triple lock on state pensions from 2030 if Labour wins the next election. No political leader of the last decade has dared to touch the policy - fearing the electoral consequences - but the PM is using his political capital to grasp the thorny issue of social care. Addressing the party conference, the Prime Minister made clear the triple lock will remain unchanged this Parliament, delivering on Labour's 2024 election manifesto promise. At present the triple lock ensures the state pension increases each year by the highest of inflation, earnings growth, or 2.5% - will remain for the rest of this Parliament. But Mr Burnham adds: "From there in April 2030 we will adjust it. The state pension will continue to rise every year at least by prices or 2.5%. "And it will hold its value relative to earnings over time so that pensioners will always share in the rising prosperity of the nation. But this change will generate significant savings which we will use to build up our National Care Service." Continue reading... https://www.mirror.co.uk/news/politics/labour-andy-burnham-triple-lock-37712568 The Mirror Facebook: http://facebook.com/dailymirror The Mirror IG: http://instagram.com/dailymirror The Mirror TikTok: https://www.tiktok.com/@dailymirror The Mirror Twitter: http://twitter.com/DailyMirror The Mirror Homepage: https://www.mirror.co.uk Sign up for our newsletters: https://www.mirror.co.uk/email #TheMirror #News #Politics #Labour #Burnham #Triple-Lock

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