State Retirement Pensions

(asked on 12th September 2024) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, what steps her Department is taking to ensure that (a) old and (b) new State Pension recipients are equally financially supported.


Answered by
Emma Reynolds Portrait
Emma Reynolds
Parliamentary Secretary (HM Treasury)
This question was answered on 8th October 2024

We are absolutely committed to supporting pensioners and giving them the dignity and security they deserve in retirement.

Under both the old and new State Pension systems, the amount people receive varies according to their National Insurance record.

Over the course of this Parliament we expect over 12 million pensioners are likely to see their new State Pensions increase by £1700 as a result of our commitment to the Triple Lock.

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