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The latest figures show that the average pensioner income was at £407 a week last year, increasing just £15 compared to 2010 despite the soaring living costs of the past few years.
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Isle of Man considers ditching pension triple lock - MSNThe Isle of Man is considering scrapping the state pension triple lock in a bid to save its social security system, a government report suggests. Higher life expectancy means the island’s state ...
Under the government's triple lock pledge, next year's pensions are meant to rise by the highest of 2.5%, prices, or average wages. Data released earlier suggested this was likely to be 8.5%, the ...
T he triple lock – the mechanism by which the state pension is increased by the highest of average earnings, inflation or 2.5 per cent – has become one of the most sacred of political cows ...
What will happen to state pensions next year? The current full state pension is £221.20 a week, or £11,502.40 a year. A 4.1% hike will take it to £230.30 a week, or £11,975 a year.
The Daily Express revealed last week that the Conservative party will put the triple lock pledge at the heart of its manifesto.. It guarantees the state pension rises by a minimum of 2.5% ...
John Cridland, who conducted the last independent report on the state pension age in 2017, warned MPs last month that the triple lock should be axed to stop the state pension age from rising.
This implies that under the earnings growth figure of 4.1 per cent, individuals on the full New State Pension should see payments increase by £9.10 per week from £221.20 to £230.30.
The work and pensions secretary has refused to commit to raising the state pension to match official overall earnings figures. Under the government's triple lock pledge, next year's pensions are ...
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