Oral Question·Department for Work and Pensions
“What assessment she has made of the potential impact of trends in inflation on pensioners’ living standards.”
Tabled: 10 December 2024Answered: 16 December 2024
Asked by
Susan Murray
Liberal Democrat — Mid Dunbartonshire
Answering Minister
the Secretary of State for Work and Pensions
Answer from Hansard
The Parliamentary Under-Secretary of State for Work and Pensions (Emma Reynolds)
Due to the Government’s steadfast commitment to the triple lock, pensioners will see an above-inflation increase of 4.1% in their state pension next year, which means that they will be up to £470 better off—and, over the course of this Parliament, over £1,900 better off.