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International Business Times UK
International Business Times UK
Porfel Manongsong

Andy Burnham Pension Reform: Prime Minister Unveils Structural Modifications and Triple Lock Plans

A parliamentary petition calling for the State Pension age to be cut to 65 has put the issue back into focus as Prime Minister Andy Burnham outlines his views on wider changes to pensions and retirement policy (Credit: House of Commons/Wikimedia/IBTimes UK)

A parliamentary petition calling for the State Pension age to be cut to 65 has put the issue back into focus as Prime Minister Andy Burnham outlines his views on wider changes to pensions and retirement policy. The petition, created by Michelle Gill, is currently open on Parliament's official petitions website and argues that people aged 65 to 67 can face poor health, caring pressures and limited employment options.

For context, the campaign comes as Burnham has used recent Labour events to call for a new approach to social care and has discussed possible changes to the way the pension triple lock could operate. Supporters of reform argue that any future changes should continue to protect pension increases against inflation or a 2.5 per cent floor.

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