UK State Pension may rise to £971 monthly

express.co.uk

UK pensioners could receive up to £971.60 every four weeks due to a potential increase in State Pension payments. This increase is based on the Triple Lock measure. The potential rise is linked to the annual earnings growth, currently at 5.5%, which is used to calculate the State Pension increase. This is due to the Triple Lock measure. The final increase will be confirmed in the Autumn Budget, but pensioners should monitor the CPI inflation rate. The next CPI figure will be released on June 18.


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UK State Pension may rise to £971 monthly | News Minimalist