Pension warning as older retirees could get £2,800 a year less from April

Inflatie

The annual state pension could be set to rise above £12,000 next April - but not everyone is in line to receive this high of an increase. New data released this week suggests the next state pension increase is likely to be based on wage growth figures which are due next month. The triple lock guarantees the state pension rises each April by the highest out of inflation (using the previous September inflation figure), wages (average growth between May and July) or 2.5% - whichever is highest.

Tag-uri: Inflatie

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