Pensioners: Income
Commons · Question 6637 · Tabled 4 Oct 2024 · Department for Work and Pensions · Official record
Answered 16 Oct 2024
Question
Asked by Gareth Davies
To ask the Secretary of State for Work and Pensions, with reference to her oral contribution to the debate on Social Security of 10 September 2024, Official Report, column 735, whether her estimate that pensioners will be £1,700 better off by the end of t
Answer
Answered by Emma Reynolds, 16 Oct 2024
Through this Government’s commitment to the Triple Lock, the full yearly rate of the new State Pension is forecast to increase by around £1,700 by the end of this Parliament. This estimate accounts for potential income tax payable on the full new State Pe...