It is not clear what the degree of certainty is. As I have said, the triple lock was overridden last year because it would have given such a low rate of uprating. This year, it has been applied because there is not much difference between RPI and the triple lock. So no, I do not think that any kind of rock-solid certainty has been introduced; the triple lock was waived the first time it was supposed to be put in place.
Pensions and Social Security
Proceeding contribution from
Stephen Timms
(Labour)
in the House of Commons on Thursday, 23 February 2012.
It occurred during Debates on delegated legislation on Pensions and Social Security.
About this proceeding contribution
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540 c1051 Session
2010-12Chamber / Committee
House of Commons chamberSubjects
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