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UK triple lock could add £45bn a year to state pension costs by 2050

Concerns over the impact of the rising cost of the UK state pension have been raised, after research from the Institute for Fiscal Studies (IFS) revealed that maintaining the triple lock could increase spending by anywhere between a further ยฃ5bn and ยฃ45bn per year by 2050
United Kingdom Heidi Karjalainen Becky Oconnor Institute For Fiscal Studies Fiscal Studies Pensions Age

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