State pension set to rise by 3.9% in April - News Summed Up

State pension set to rise by 3.9% in April


Such an increase means pensioners can expect an rise of just over £6 per week on the New State Pension from the current rate of £168.80. But hundreds of thousands of over-75s will see around half their pension rise wiped out by the cost of paying for their own TV licence, after the benefit was scrapped. DWP chiefs today refused to confirm benefit claimants will get a rise - despite their payments falling drastically behind inflation for seven years running. The April 2020 state pension rise - which would still have to be approved in Parliament - is revealed today because of the way the benefit is calculated. (Image: Ealing Gazette & Leader)Tory ministers pledged to protect the state pension with a 'triple lock'.


Source: Daily Mirror October 16, 2019 08:34 UTC



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