We are also supporting pensioners by maintaining the triple lock. The basic state pension, new state pension and pension credit standard minimum guarantee will be uprated in April 2024 by 8.5%, in line with the average earnings growth between May and June 2023.
[Official Report, 9 January 2024, Vol. 743, c. 65WH.]
Letter of correction from the Under-Secretary of State for Scotland, the hon. Member for Berwickshire, Roxburgh and Selkirk (John Lamont):
An error has been identified in my closing speech. The correct response should have been:
We are also supporting pensioners by maintaining the triple lock. The basic state pension, new state pension and pension credit standard minimum guarantee will be uprated in April 2024 by 8.5%, in line with earnings growth in the year to May-July 2023.