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Written question asked by Lord Davies of Brixton (Labour) on Monday, 5 October 2026, in the House of Lords. It was due for an answer on Monday, 19 October 2026. It was answered by Baroness Sherlock (Labour) on Thursday, 22 October 2026 on behalf of the Department for Work and Pensions.


State Retirement Pensions: Uprating

Question

To ask His Majesty's Government, in the light of the publication of the State Pension uprating analysis on 29 September, what plans they have to provide a sensitivity analysis of the figures cited for future rates of pensioner relative poverty, using alternative assumptions for the effect of the triple lock on the level of the basic state pension and the new state pension, in line with those used by the OBR in its latest Fiscal risks and sustainability report.

Answer

Levels of pensioner poverty under the adjusted triple lock are projected to decline with relative pensioner poverty after housing costs estimated to fall from 14% in 2024/25 to 8% by 2049/50. However, the Government is not complacent on the issue of pensioner poverty. This is why we have asked the Pensions Commission to make recommendations on further support for lower-income pensioners in their final report. The Department for Work and Pensions has no plans to publish a separate sensitivity analysis using alternative OBR triple lock assumptions.


Secondary information

Type
Written question
Reference
HL3783
Session
2026-27
Subjects
Poverty Pensioners State retirement pensions Uprating
Contains statistics
Yes
Link
View this Written question on www.parliament.uk