triple lock

noun

A policy whereby the state pension must increase every year to match either price inflation, earnings growth, or a third fixed rate, whichever is highest.

Ask AI about this wordChatGPTClaudePerplexityGoogle AIGrok

Meanings

nountriple lock (plural triple locks)

plural triple locks

  1. UKbusinessA policy whereby the state pension must increase every year to match either price inflation, earnings growth, or a third fixed rate, whichever is highest.

    He refused to rule out changes to the pensions triple lock and said a new windfall tax on energy profits was on the table.

    2022 October 17, “Jeremy Hunt shreds Truss’s economic plans in astounding U-turn on tax”, in The Guardian
  2. IrelandinformalThe requirement for approval by the Irish government, the Dáil (parliament), and the United Nations prior to any overseas military action by Irish defence forces.
Cite this entry
APA

triple lock. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/triple%20lock

MLA

“triple lock.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/triple%20lock. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “triple lock,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/triple%20lock.

Source: triple lock on Wiktionary, CC BY-SA 4.0.