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<p>The Chancellor of the Exchequer has regular discussions with the Secretary of State
on a range of issues. In response to the unprecedented economic circumstances arising
from the Covid 19 pandemic, the Government has taken action by introducing a Bill
in Parliament to ensure we can increase State Pension and Pension Credit rates next
year. Without this legislation, it would not have been possible to increase the State
Pension in 2021/22.</p><p>As with all aspects of Government policy, any decisions
on future changes to the Triple Lock will be taken as part of the annual Budget process
in the context of the wider public finances.</p>
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