Written Question·Department for Work and Pensions·UIN 6637

Pensioners: Income

Tabled: 4 October 2024
Answered: 16 October 2024

Question

Gareth Davies

ConservativeGrantham and Bourne

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

Emma Reynolds
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...

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