State pension payment to increase by hundreds as DWP confirms boost for millions
Inflatie
Millions of Brits are on the brink of seeing their state pension payments surge by up to £470 in just 45 days. The state pension is set for a 4.1% boost from April 7, honouring the triple lock promise. This guarantees that the state pension rises by the highest of either inflation (based on the previous September's figure), wage growth (average increase between May and July), or 2.5%. This year, the hike in state pension payments is propelled by wage growth, confirmed at 4.1%. Government data
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