Liz Smith, Scottish Conservative MSP for Mid Scotland & Fife has welcomed the vote which will take place tomorrow in Westminster to up-rate the state pension.
Liz Smith, Scottish Conservative MSP for Mid Scotland & Fife said:"I am proud that the UK Conservative Government has reinstated the link to earnings for pensions with the extra security of a triple lock, ensuring that annual rises are the greatest of the average earnings increase, inflation or 2.5%.“As a result of the triple lock commitment the Basic State Pension will increase by £5.30, the largest ever increase in cash terms, and will see pensioners entitled to a Basic State Pension worth £107.45 a week from April 2012."It is important that we have sustainable pensions that are sufficiently generous to pensioners and affordable for the working population."Liz Smith,Scottish Conservative MSP for Mid Scotland & Fife has welcomed the vote which will take place tomorrow in Westminster to up-rate the state pension.Liz Smith, Scottish Conservative MSP for Mid Scotland & Fifesaid:"I am proud that the UK Conservative Government has reinstated the link to earnings for pensions with the extra security of a triple lock, ensuring that annual rises are the greatest of the average earnings increase, inflation or 2.5%.“As a result of the triple lock commitment the Basic State Pension will increase by £5.30, the largest ever increase in cash terms, and will see pensioners entitled to a Basic State Pension worth £107.45 a week from April 2012."It is important that we have sustainable pensions that are sufficiently generous to pensioners and affordable for the working population."