Commissioner responds to UK Government announcement on Triple Lock Reform
Older People’s Commissioner for Wales, Rhian Bowen-Davies, said:
“Older people often tell me how difficult it is to make ends meet particularly as the cost of essentials continues to rise. Today’s announcement on proposed changes to the Pensions Triple Lock from 2030 will have caused concern and uncertainty amongst many older people across Wales, particularly those who are already struggling financially and those trying to plan for the future.
“Even with the Triple Lock in place, poverty amongst older people has risen in recent years, whilst many more have found themselves facing financial hardship due to rapidly rising living costs.
“It is therefore crucial that any reform to the Triple Lock does not exacerbate these issues, and that those who are already struggling will have access to the financial support they need.
“Without this, we will see people’s health, wellbeing and independence deteriorating, leading to increased demand for support and avoidable pressures on services.
“The Prime Minister needs to provide further details about his proposals soon, as well as assurance that budgetary savings will not lead to unintended consequences for older people.
“Furthermore, while social care is a devolved matter, more details are also needed on proposals to reform the adult social care system in England, another focus of the Prime Minister’s speech today.
“The social care system here in Wales faces similar pressures and financial challenges, and the Programme for Government published by the Welsh Government this week makes a similar commitment to delivering progress towards our own National Care Service.
“So it will be crucial to understand how these proposals might enable action here in Wales that will help to ensure older people can access the care and support they need.”
