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The National (Scotland)
The National (Scotland)
National
[email protected] | Lucy Jackson

Top union boss blasts Andy Burnham over plans to change pension triple lock

Prime Minister Andy Burnham delivering his keynote speech during the Labour Party Conference at the ACC Liverpool (Image: Annabel Lee-Ellis)

ANDY Burnham has been blasted for proposing changing the triple lock on pensions rather than taxing the super-rich in order to pay for his social care plans.

During his speech at the Labour Party conference on Wednesday, the Prime Minister announced that the UK Government would change the triple lock on pensions to fund a National Care Service.

Burnham said pensions would rise either by CPI inflation or a minimum of 2.5%, removing the link to average earnings.

Prime Minister Andy Burnham delivering his keynote speech during the Labour Party Conference at the ACC Liverpool (Image: Annabel Lee-Ellis)

He said the change would generate "significant savings" while ensuring the state pension held its value relative to earnings over time.

The change to the triple lock would affect pensioners across Scotland, because state pensions are reserved to Westminster.

Addressing the conference, Burnham said: "I'll be honest, we promised in our manifesto to keep the triple lock unchanged throughout this Parliament. I will honour that promise. I will honour that promise and I will do more. That will take the state pension to a record high.

"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."

In an interview on the BBC's Newsnight programme, Unite general secretary Sharon Graham criticised the plans, arguing Burnham should instead be focused on taxing the super rich.

Sharon
Unite general secretary Sharon Graham

Graham said: "I do think that going to the pensioners, pulling that lever of breaking the triple lock, I do think that is a difficulty because I don't think that is the place that you should go.

"I would have liked to have heard before we do anything on the triple lock, what we're going to do about the super rich and the wealth tax in Britain."

Graham continued: "The richest 50 families are worth £500 billion - pensioners get £12,500 pounds a year.

"They're not the super rich, so I hope it's sealed until 2030, it's there until 2030.

"I hope more discussions can be had."

Graham previously told the BBC's Radio 4 Today programme that axing the triple lock was "morally wrong" and risked repeating the unpopular removal of the Winter Fuel Payment under Keir Starmer's premiership.

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