London, UK 2 April 2026 Reform Leader, Nigel Farage and Reform Chancellor, Robert Jenrick, lay out their Pension plans for the party. Reform UK has said it would cut the benefits bill by billions of pounds to offset the cost of keeping the triple lock on state pensions if the party was in power. The triple lock, which was introduced in 2011, means the state pension rises each year in line with either inflation, wage increases or 2.5% - whichever is the highest. The triple lock is a major pressure on the UK's public finances, with the annual cost estimated to reach £15.5bn by 203
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London, UK 2 April 2026 Reform Leader, Nigel Farage and Reform Chancellor, Robert Jenrick, lay out their Pension plans for the party. Reform UK has said it would cut the benefits bill by billions of pounds to offset the cost of keeping the triple lock on state pensions if the party was in power. The triple lock, which was introduced in 2011, means the state pension rises each year in line with either inflation, wage increases or 2.5% - whichever is the highest. The triple lock is a major pressure on the UK's public finances, with the annual cost estimated to reach £15.5bn by 203