STATE PENSIONS - State pension payments to rise by 2.5% Changes to the pension’s lifetime allowance made the Chancellor’s speech, but the Budget documents also confirm that the state pension will increase by 2.5% from next tax year, starting 6 April 2021.
This means recipients of the full new single-tier state pension will get £179.60 a week, up from £175.20.
Image: Chelsea Pensioners in good spirits.
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