Payments are set to rise in April
The DWP-funded state pension is set to increase in April along with other pensioner benefits. As the cost of living crisis continues to take its toll in households across the UK, many low income households could be struggling to make ends meet.
State Pension From Monday April 10 onwards anyone receiving the full new state pension will get an extra £19 a week while anyone who reached state pension age before April 2016 will get an extra £14 weekly, the Express reports. The 10.1 percent payment boost means people on the lower rate will see their payments increase to £68.10 while the upper rate will increase to £101.73.Lower rate: £68.10
Pension Credit The Pension Credit standard minimum guarantee will meanwhile also increase by 10.1 per cent in line with CPI inflation, taking its amounts to £201.05 a week, up £18.45 for a single claimants and £306.85, up £28.15 per week for couples.The online calculator can be used to check eligibility or by calling the Pension Credit helpline on 0800 99 1234.In late 2023, eight million pensioner households will also get a £300 Cost of Living payment.
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