The UK’s state pension triple lock system is facing potential termination as the Office for Budget Responsibility (OBR) reports escalating fiscal risks associated with its continuation. Initially introduced in 2012 with an estimated annual cost of £5 billion, the triple lock is now projected to cost £15.5 billion per year by 2030, three times the original forecast. The OBR warns that the state pension could consume 7.5% of the UK’s GDP within 50 years, up from 2% in the 1950s and 5% currently. This rising financial burden has prompted concerns about the sustainability of the pension scheme, with discussions underway about replacing the triple lock with an alternative model. Analysts have highlighted the pension mechanism as a large financial risk, contributing to fears of a retirement crisis by 2040 if reforms are not implemented.