Blogs
Can changing the triple lock pay for care, and who gains if it does?
By itself, the triple lock reform will not pay for the National Care Service on any reasonable timetable – not, if we are lucky, inside of twenty years from now. And tweaking the triple lock is unambiguously regressive, with lower income pensioners losing proportionately more. Nor is it intergenerationally fair: younger people today lose more overall than older people. But introducing the National Care Service itself could be a huge boost to the millions currently not having their care needs met, who are particularly likely to be poorer pensioners.