Overview

• A PensionBee survey shows only 21% of 18–24-year-olds support the triple lock versus about 82% of over‑65s.
• Just 48% of respondents view keeping the policy as a priority, 27% want it restricted to lower‑income pensioners, one in three aged 25–34 favour caps during high inflation, and a quarter of 18–24s want it applied only when the economy is growing.
• Latest wage data point to an April uplift of roughly 4.7%, taking the full new state pension to about £241 a week (£12,534 a year), close to the frozen £12,570 personal allowance, subject to government confirmation.
• The IFS and IMF urge replacing or reforming the mechanism, with proposals including a smoothed earnings link or indexing to cost of living to improve sustainability.
• Analysts cite rising fiscal pressures, with estimates of £15.5bn extra annual cost by 2030 and £5bn–£40bn a year by 2050, even as the government says the triple lock will remain in place for this Parliament and a revived Pensions Commission examines longer‑term options.