Stop Andy Burnham from removing the triple lock on pensions

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The Issue

All my working life, I have dutifully paid into my pension, believing in a fair and secure promise that, come retirement, I would be able to enjoy the fruits of my labour. It is a covenant between the working people of Greater Manchester and their government, a promise set in stone by the triple lock on pensions. Yet, this promise is under threat, as Andy Burnham contemplates removing the triple lock on pensions, jeopardizing the future financial security for me and thousands of retirees.

The triple lock policy, which ensures pension increases by the highest of inflation, wage growth, or 2.5%, was designed to provide dignity and assurance to pensioners who have worked hard all their lives. This mechanism offers a critical safeguard against economic fluctuations and is essential for maintaining our trust in our retirement system.

Statistics indicate that over 12 million pensioners rely on the state pension as their main source of income. Without the triple lock, many risk falling below the poverty line, especially amid the rising costs of living. A report by the Pension and Lifetime Savings Association notes that nearly 25% of pensioners would be financially at risk if the triple lock is dismantled, pushing many into hardship.

Removing this vital policy not only threatens financial stability for retirees but also undermines the integrity of commitments made to citizens who have contributed to the economic fabric of our society. It is not just a policy, but a contract of trust between the government and its people. Andy Burnham, as the voice for Greater Manchester, must protect this contract and ensure our pensions remain safeguarded.

We need fair, sustainable economic policies that respect both current and future pensioners. Instead of breaking promises, the government should explore alternatives that do not compromise the livelihoods of those who have worked tirelessly.

We call upon Andy Burnham to listen to the concerns of his constituents and guarantee that the triple lock remains a firm fixture of our pension system. Please sign this petition to protect our pensions and hold our leaders accountable for preserving the dignity of our hard-earned retirement.

Join me in urging Andy Burnham to protect our future by maintaining the triple lock policy. Your signature can make a difference. Let's ensure a secure and fair retirement for all.

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