“We will continue to do everything we can to provide pensioners with dignity in retirement and ensure the new State Pension is not dragged into income tax for the first time in history by introducing the new Triple Lock Plus. This has two elements: 1. Continuing to uprate the State Pension in line with the highest of prices, earnings or 2.5%. On current forecasts, this will mean the new State Pension increases by a further £430 in April next year to £11,970; and increases by £1,685 a year to £13,200 by the end of the Parliament.”