State Retirement Pensions
The question
To ask the Secretary of State for Work and Pensions, what assessment her Department has made of the potential merits of a 25 pence per week increase for state pension claimants.
Answered by Emma Reynolds
No such assessment has been made. We are absolutely committed, through the Triple Lock, to supporting pensioners and giving them the dignity and security they deserve in retirement.
This means that from April 2025, subject to Parliamentary approval, the basic and new State Pensions will be increased by 4.1%. The full yearly basic State Pension will increase by around £360, and the full yearly rate of the new State Pension will increase by around £470.
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