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State Retirement Pensions

Department for Work and Pensions written question – answered on 9th February 2018.

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Photo of Andrew Gwynne Andrew Gwynne Co-National Campaign Coordinator, Shadow Secretary of State for Communities and Local Government

To ask the Secretary of State for Work and Pensions, whether her Department plans to increase the state pension; and if she will make a statement.

Photo of Guy Opperman Guy Opperman The Parliamentary Under-Secretary of State for Work and Pensions

On 27 November 2017, the Minister for Family Support, Housing and Child Maintenance announced in a Written Statement to Parliament that the Government would increase the full basic and new State Pensions by 3 per cent in 2018/19 in line with the rate of prices growth as measured by the Consumer Price Index. The annual uprating order which is currently going through the Parliamentary processes includes proposals to enact this increase. This is in line with Government’s commitment for the duration of this Parliament to increase these state pensions by the Triple Lock: that is the highest of the growth in prices, earnings or 2.5 per cent.

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