The purpose of the triple lock was to get the new state pension back to a more generous level in a way with a smaller upfront cost and eyeballing it I think that will have been achieved by that point.
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I guess I meant 'what is your marker for a more generous level'? A certain proportion of median income? Or something else?
aug 29, 2025, 10:36 am • 0 0 • view
Yeah, a certain proportion of median income. 'Middle of the pack for the OECD' is generally my 'eh, that's probably fine', so around a third, which we are now quite close to IIRC*. *A phrase which here means 'I am too lazy to navigate past Google's AI slop'.
aug 29, 2025, 10:47 am • 2 0 • view