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A million Scottish pensioners to lose out after Tories scrap the triple lock, SNP warns
“At local level, it’s different."
ALMOST a million Scottish pensioners will lose out financially by the Tories’ decision to scrap the triple lock, the SNP warned today.
House of Commons Library research concluded 985,065 pensioners in Scotland have been directly affected by the cut, which will see them lose £520 in 2022, and a cumulative £2,600 over the next five years.
The Westminster government’s Households Below Average Income statistics show that British pension poverty had risen to a 15-year high under Tory rule, with 2.1 million UK pensioners — almost one in five — now living in poverty after housing costs.
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