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Angela Rayner says pensioners may back triple lock reform to fund social care
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Housing Secretary Angela Rayner said pensioners may be prepared to support changes to the way pensions increase if they know where the money is going. The triple lock guarantees the state pension rises each year by whichever is highest: inflation, average earnings growth or 2.5%. A thinktank has called the mechanism 'fiscally unsustainable' ahead of Andy Burnham's speech to the Labour conference.
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