£6 a week extra state Pension from next April won’t replace £300 lost this November!
Treasury estimates of a 3.5% rise in state pension next April cannot compensate the poorest pensioners for losing £200 or £300 this November. The Treasury has produced estimates of an expected state pension increase next year which suggest it will increase by around 3.5% in line with average earnings. This triple lock earnings link will add about £6 or £8 a week to the full Basic and New State Pensions. This represents an estimated £300 or £400 a year more…