State Retirement Pensions

(asked on 8th November 2024) - View Source

Question to the Department for Work and Pensions:

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 Portrait
Emma Reynolds
Parliamentary Secretary (HM Treasury)
This question was answered on 15th November 2024

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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