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The Independent UK
The Independent UK
National
Independent Reporters

RARE PHOTOS: More than 12 million to benefit from state pension increase - The Real Truth

  • More than 12 million pensioners will see their State Pension increase by 4.8 per cent from April 6, under the Triple Lock guarantee, leading to a rise of up to £575.
  • This increase is part of a government commitment expected to boost pensioners' annual incomes by up to £2,100 by the end of this Parliament, enhancing financial security.
  • Pension Credit will also rise by 4.8 per cent, averaging £4,300 annually, which unlocks additional support such as help with housing costs and free television licences.
  • The government is implementing these increases as part of wider efforts to alleviate pressure on household finances, alongside measures like raising the National Living Wage and cutting energy bills.
  • Work and Pensions Secretary Pat McFadden and Minister for Pensions Torsten Bell highlighted the government's commitment to protecting pensioners and ensuring a decent retirement.
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