State pension will rise by £343 a year from April 2020

State pension will rise by £343 a year from April 2020

State pension will rise by £343 a year from April 2020

Retirees on the new state pension will receive a guaranteed increase of 3.9% from April

Edmund Greaves
Wed, 10/16/2019 – 10:01

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The amount by which the new state pension rises is determined by the so-called state pension ‘triple lock.’

This guarantees that the state pension will rise in line with inflation, wage growth or…

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