State pension increase
Feb 14, 2022 8:13:43 GMT
via mobile
philbadfactor, junior, and 1 more like this
Post by Deleted on Feb 14, 2022 8:13:43 GMT
DWP: The new state pension payment increase set to come into force in April
State pension payments will increase by 3.1 per cent for men and women
ByLinda HowardAmy FentonSenior reporter15:27, 13 FEB 2022
Department of Works and Pensions (Image: Chris Young/PA Wire)The state pension will increase from April 11
The state pension will increase from April 11
Men and women aged 66 and over will receive an increased state pension payment starting from April 11.
The Department for Work and Pensions has confirmed the new amounts which have been increased by 3.1 per cent for both men and women, the Daily Record reports.
The current state pension age is 66 but for those born after 5 April 1960, there will be a phased increase in State Pension age to 67, and eventually 68.
READ MORE: State pension age is rising again - meaning Brits will retire later
People receiving state pension can choose to be paid either weekly or every four weeks - not to be confused with being paid monthly as the DWP makes 13, four-weekly payments each year over a 52-week period which can result in two payments being made in the same calendar month.
The upcoming increase means that the basic state pension will rise to £141.85 per week from £137.60 and the full new state pension will go up to £185.15 from £179.60.
www.lancs.live/news/lancashire-news/dwp-new-state-pension-payment-23084398?fbclid=IwAR3roWvMgIPjD2Y_ah7pacNkbgDTeJCQWAB8GGEXHk_uEVpWFHHJPZBiWAA
State pension payments will increase by 3.1 per cent for men and women
ByLinda HowardAmy FentonSenior reporter15:27, 13 FEB 2022
Department of Works and Pensions (Image: Chris Young/PA Wire)The state pension will increase from April 11
The state pension will increase from April 11
Men and women aged 66 and over will receive an increased state pension payment starting from April 11.
The Department for Work and Pensions has confirmed the new amounts which have been increased by 3.1 per cent for both men and women, the Daily Record reports.
The current state pension age is 66 but for those born after 5 April 1960, there will be a phased increase in State Pension age to 67, and eventually 68.
READ MORE: State pension age is rising again - meaning Brits will retire later
People receiving state pension can choose to be paid either weekly or every four weeks - not to be confused with being paid monthly as the DWP makes 13, four-weekly payments each year over a 52-week period which can result in two payments being made in the same calendar month.
The upcoming increase means that the basic state pension will rise to £141.85 per week from £137.60 and the full new state pension will go up to £185.15 from £179.60.
www.lancs.live/news/lancashire-news/dwp-new-state-pension-payment-23084398?fbclid=IwAR3roWvMgIPjD2Y_ah7pacNkbgDTeJCQWAB8GGEXHk_uEVpWFHHJPZBiWAA
