Keeping the Triple Lock

Plaid Cymru will keep the triple-lock pension increase, which means that the state pension will keep pace with price increases and the cost of living. We recognise that many in receipt of the state pension have no other way of increasing their fixed level of incomes, and believe that this increase – the highest of inflation, average earnings increase, or 2.5% - is the fairest way of ensuring that their income keeps pace with the real world costs. We will also increase the income tax personal allowance for pensioners in line with the triple lock.

View other Welfare policies

Tackling Child Poverty
The increase in the number of children living in poverty under the Conservative UK Government is wholly unacceptable, and has...
Guaranteeing our Essentials
Under the Conservative UK Government, social security benefits have frequently failed to rise in line with increased prices. This has...
A Welsh Benefits System
Plaid Cymru believes that there should be a Welsh Benefits System, with a particularly strong case to devolve those benefits...
Improving Benefits Take-Up
Many people are entitled to benefits which they never claim, either because they are unaware of their eligibility or are...
Stopping Benefit Sanctions
Plaid Cymru opposes the Conservatives’ proposed changes to the Work Capability Assessment and their ‘Back to Work’ plan, which again...
Fairness to Farmers: Universal Credit
The shift from Working Tax Credits to Universal Credit is taking its toll on farming families, self-employed people, and seasonal...
Local Housing Rate Allowance
The Local Housing Rate Allowance is the amount of rent which can be provided to help meet housing costs. Since...
Increasing Statutory Sick Pay
Plaid Cymru support an increase in Statutory Sick Pay in line with Statutory Maternity Pay. In line with the findings...
Cold Weather Payment Reform
Plaid Cymru would amend how Cold Weather Payments assessments are made. Cold Weather Payments are made when the temperature dips...
Universal Basic Income Pilots
Plaid Cymru support the principle of a universal basic income and will support pilots. In Wales, there has been a...