PENSION UP ..TORIES LET YOU DOWN

Threat to dilute triple lock rise

- GRAHAM HISCOTT

MILLIONS of older people risk being up to £74 a year worse off if the Tories water down a state pension hike next year.

The benefit for 12 million pensioners is due to rise by 8.5% in April under the triple lock pledge.

This is supposed to mean the state pension increases in line with whichever is highest out of average wage growth, inflation or 2.5%.

Wages are currently outstripping inflation, at 8.5% including bonuses.