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What is the state pension triple lock and what is it worth?


Chancellor Rachel Reeves has said that from autumn 2024, anyone not on pension credit or other means-tested benefits will no longer get the winter fuel payment.

Previously, everyone in England and Wales born before 25 September 1957 was entitled to the payment, which is worth between £100 and £300.

About 10 million people will be affected.

While some say they don’t need the payment, a number of charities and MPs are concerned that people on a relatively small income will miss out.

An estimated 880,000 eligible pensioners fail to claim pension credit.

Reeves has urged Labour MPs to support the cut in a vote in Parliament on Tuesday, after speculation that some may vote against it.

The Scottish government has also said it will end pensioners’ universal entitlement to the Winter Heating Payment, external which it offers.



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