Government plans adjusted triple-lock reform from 2030 to fund National Care Service

  • Government plans a National Care Service providing free personal care for older people.
  • The adjusted triple lock is estimated to save £15 billion annually by the end-2030s.
  • Baroness Casey's independent Commission will report in summer 2027.

The government plans to establish a National Care Service in the next Parliament, providing older people with personal care free of charge according to need rather than ability to pay. The current state pension triple lock will remain until April 2030, after which an adjusted formula would raise pensions by the higher of inflation or 2.5% and apply further increases when needed to preserve their value relative to earnings. The government estimates the change will reduce state-pension spending by £15 billion a year by the end of the 2030s and £50 billion a year by 2050. Baroness Casey's independent Commission will recommend how and when the service should be introduced, with its report due in summer 2027. The service would be phased in as funding, workforce and provider capacity expand, while accommodation costs and existing means-tested council contributions would remain outside its scope.

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