πŸ§“πŸ’· β€œThe triple-lock pension protection will remain in place,” –Farage declares

Britain's Reform UK hold press conference, in London
Nigel Farage today announced that under a Reform government the pensions triple lock will be maintainedCredit: Reuters

Reform had previously left the door open to scrapping the triple lock – but today made a β€œfinal” choice to keep it.

Mr Farage said: β€œWhen I said the jury’s out on the triple lock and what we would decide to do on this and with many other issues too, if I could just interpret that into simple English, what I meant was the jury’s out. Not that I’d made my mind up either way.

β€œAnd we have discussed it, and we have debated it, and we’ve decided it’s going to stay.”

The Reform chief argued that many silver haired Brits who got theirΒ pensionsΒ before 2016 are β€œreally pretty disadvantaged by the current system”.

He added that OAPs are among those who β€œhave actually worked and paid into the system”.

Pushed on the affordability of the triple lock, Mr Farage said that within two weeks he will announce β€œthe biggest cuts to the benefits bill ever seen in theΒ historyΒ ofΒ this countryβ€œ.

Today Reform Treasury Spokesperson, Robert Jenrick, revealed his party would consider whether new civil servants should continue being bestowed with β€œgold-plated” pensions schemes.

Whitehall pensions are generous retirement schemes funded largely by taxpayers, where staff receive a guaranteed income for life based on their salary and years of service rather than investment performance.

He said: β€œSuch schemes were phased out in the private sector decades ago. They represent the Government’s second largest financial liability.

β€œThe old parties almost never discuss them.

β€œBut if we care about balancing the books fairly, we can’t keep ducking this issue.”