Andy Burnham pension change means state pensioners born before 1964 ‘will lose money’

The major rule change stands to impact millions of over-65sMillions of state pensioners are likely to miss out on money they would otherwise have received, under rule changes.It comes after Andy Burnham announced plans to adjust the pension triple lock.The triple lock ensures the state pension rises every year in line with whatever is highest out of inflation, wage growth or 2.5%.