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Minister rules out historic pension rise over 5%

Treasury Minister Chris Thomas says government won't pay a rise of more than five per cent to pensions dating back three years.

In the House of Keys this week he faced a question from Onchan MHK Julie Edge about the rise, which wasn't paid in 2022.

Mr Thomas said the Isle of Man followed UK guidelines on the triple-lock formula which guarantees a rise in pensions each year.

But he said the issue was an important one:

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