Property News · November 29, 2016

State pension to rise by 2.5% in April 2017


Weekly payments will increase from £155.65 to £159.55 while the old state pension will rise to £122.30 from £119.30The government has confirmed state pension will rise by 2.5% in April 2017, as a report shows that the “triple lock” promise on payments could push up the cost of providing the benefit by more than a third over the next three decades.From April, pensioners on the new flat rate pension will see their weekly payments increase to £159.55 from £155.65 currently, while the old state pension will rise to £122.30 from £119.30. Continue reading…

Source : theguardian.com
Read more…State pension to rise by 2.5% in April 2017

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