State pension 'much lower rate' warning over payment change
Inflatie
State pensioners may be excited to claim their upcoming triple lock increase . The metric guarantees payments rise each April according to the highest of three figures. Recipients receive a boost determined by whichever is greatest: 2.5 percent, average earnings growth, or inflation. Last year's earnings figure emerged as the highest of the three, meaning beneficiaries will receive a 4.8 percent increase this April. This will raise the full new state pension from its current £230.25 weekly rate
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