…the Department for Work and Pensions has confirmed.
From the 10th April 2017 the value of the flat-rate state pension, brought in earlier this year, will increase to £159.35 from the current rate of £155.60.
Under the Government’s controversial ‘triple lock’ manifesto commitment, the basic and new state pensions will rise in line with the highest of inflation, earnings or 2.5 per cent.
Continue reading “State pension payments will rise by 2.5 per cent next April”