State pension rise ‘certainly justifiable!’ – payments could exceed £200 a week | Personal Finance | Finance


“In cash terms, a 10 percent rise would take the [new] state pension (which applies to anyone who began claiming after 2016) from £185.15 to £203.66 per week.

“It would also take the annual income from a full state pension to £10,590.32 – the first time the payment has been worth more than £10,000 a year.”

With inflation and energy bills continuing to soar, the Government has also launched a £300 payment for pensioners to address the cost of living.

On top of this, those who claim Pension Credit will be eligible for the cost of living payment worth £650.

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