Andrew Bingham – 2014 Parliamentary Question to the Department for Work and Pensions

The below Parliamentary question was asked by Andrew Bingham on 2014-04-10.

To ask the Secretary of State for Work and Pensions, what recent assessment he has made of extending the triple lock guarantee to all British pensioners resident abroad; and if he will make a statement.

Steve Webb

The triple lock guarantee is intended to reflect the circumstances of pensioners living in the UK. It means that for this Parliament the basic State Pension will increase by the highest of the growth in average earnings or price increases or 2.5 per cent, for pensioners in the UK and for those who live overseas and currently receive an up-rated basic State Pension.

There are no plans to change the up-rating arrangements for UK State Pension paid to pensioners overseas.