Key facts
- Senior Liberal Democrat MPs have privately criticized party leader Sir Ed Davey's defense of the pension triple lock.
- Some Lib Dem MPs believe the majority of the parliamentary party disagrees with Davey's stance on adjusting the triple lock.
- MP Tom Gordon described Davey's reasoning for keeping the triple lock as "nonsense" and "gaslighting."
- MP Vikki Slade suggested most millennials do not expect to receive a state pension.
- Labour's plan, proposed by Andy Burnham, aims to raise £15bn a year by removing the automatic link with average earnings from 2030, while ensuring the state pension rises with inflation or 2.5%, whichever is higher.
Liberal Democrat MPs are privately criticizing their party leader, Sir Ed Davey, over his defense of the pension triple lock, with some suggesting that the majority of the parliamentary party disagrees with his position. The controversy stems from Davey's response to proposals aimed at adjusting the policy, which guarantees the state pension increases annually based on inflation, wage growth, or 2.5%, whichever is highest.