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by Steve Beasant on 20 April, 2014
Liberal Democrats have increased the state pension by £650 compared to under Labour.
We have done this by creating a ‘triple lock’ rule, where the state pension must always rise with inflation, earnings or 2.5% – whichever is highest.
This has only happened because the Liberal Democrats are in Government. The rule was originally scrapped by Thatcher and Labour refused to reintroduce it during their 13 years in power, and even increased the state pension by just 75p one year!
Only the Liberal Democrats can be trusted to give pensioners a fair, secure income.
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