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DWP state pension rising from April 8 with specific increase for Universal credit claimants

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Vincent
Published date08 April 2024
Publication titleMyLondon (England)
The Government billed the rise in the state pension as one of a number of measures aimed at backing Britain’s pensioners. The state pension is paid every four weeks to people who have reached the qualifying age and have paid enough national insurance contributions

The new full, flat-rate state pension for those who reached state pension age after April 2016 rises from £203.85 to £221.20 a week – or £11,500 a year up from £10,600. The old basic state pension paid to those who reached state pension age before April 2016 rises from £156.20 a week to £169.50 a week – equivalent to a more than £600 annual increase to £8,814.

Universal credit, claimed by about 6 million people in the UK, is given to workers on low incomes as well as those who are out of work. For single people, the basic universal credit payments rise to £311.68 a month up from £292.11 for the under-25s. For those 25 or over, it is now worth £393.45 a month up from £368.74. Couples who are both under 25 now receive £489.23 a month – up from £458.51, while older joint claimants where one or both are 25 or over get £617.60 a month up from £578.82

Mel Stride, the Work and Pensions Secretary, said: “Thanks to the triple lock and our efforts to drive down inflation, we are putting money back in the pockets of pensioners. This is only possible because we have stuck to our plan and our economy has turned a corner. This will make a meaningful difference to all those who rely on the state pension and ensure we continue to provide a safety net for those who need it most while making work pay wherever possible.”

Liberal Democrats claim extra pension support will be largely wiped out

Ministers also pointed to the 2p cut to national insurance announced by Chancellor Jeremy Hunt at the Budget among measures to help...

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