New call for £380 weekly State Pension payment to be debated by MPs next month

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Basic and New State Pension payments will increase next year by 10.1% for some 12.5 million older people across the UK, including 992,052 living in Scotland. The honouring of the Triple Lock rule was confirmed last month during Chancellor Jeremy Hunt’s Autumn Statement and means that older people are set for an income boost from April, 2023.

Christmas Day is on a Sunday this year which means Boxing Day is on a Monday, however, the bank holiday status for that date has been moved to Tuesday, December 27. This means that State Pension payments and benefits for older people delivered by the Department for Work and Pensions which are due on those dates will be made earlier.

The Department for Work and Pensions (DWP) has rejected a call from Lib Dem MP Helen Morgan to provide 3.8m women across the UK, who missed out on State Pension payments due to the change in retirement age, with an interim payment to help them through the ongoing cost of living crisis while a decision is made on the amount of compensation they are due.

There are an estimated 19.2 million families and 39.8 million individuals across the UK currently in receipt of State Pension or benefits from the Department for Work and Pensions (DWP) and HM Revenue and Customs (HMRC) who will see their payments go up by 10.1% next year. The uprating will come into effect on April 10, 2023.

State Pension is a contributions-based benefit that provides essential financial support for over 12.4 million older people across the UK, including some 981,399 living in Scotland. However, research by Age UK has found that an estimated 1.25 million women who are claiming State Pension are living below the breadline - equivalent to one in five.

The Department for Work and Pensions (DWP) has confirmed it has no plans to allow people diagnosed with a terminal illness to access their State Pension prior to retirement age, even if they have accrued sufficient National Insurance Contributions.The official age of retirement is 66 for both men and women and at least 10 years’ worth of National Insurance Contributions are needed for any State Pensions payment.

The latest figures from Social Security Scotland show that at the end of February, 2022 there were 124,081 people living in Scotland receiving additional financial support through Attendance Allowance. Across the UK, there are now more than 1.5 million people over State Pension age getting either £61.85 or £92.40 each week through the benefit.

The new Work and Pensions Secretary Mel Stride has confirmed that the outcome of the State Pension age review will be published before May 2023. The review will consider a wide range of evidence, including findings from two independent reports, to assess whether the rules about State Pension age remain ‘appropriate’.

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The Department for Work and Pensions (DWP) has confirmed that more than 11.6 million pensioner households across the UK, including around one million in Scotland, have started to receive a one-off payment worth up to £600 to help with their heating bills this winter.

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Chancellor Jeremy Hunt confirmed during his Autumn Statement that the UK Government’s review of the State Pension age will be published in early 2023 and is scheduled to be released in May. At the start of this year, the Department for Work and Pensions (DWP) launched a second review of the State Pension age, which is now 66 for men and women across the UK.

Basic and New State Pension payments will increase next year by 10.1% after weeks of uncertainty for nearly 12.5 million older people across the UK. The Department for Work and Pensions (DWP) had declined to commit to whether the Triple Lock rule would return for the 2023/24 financial year after a temporary pause due to the economic fallout from the coronavirus pandemic.

State Pension payments are set to increase by 10.1% from next April for merely 12.5 million people across the UK, including 992,052 living in Scotland. However, despite a record-breaking rise in payments of the contributory benefit, over 1.8 million pensioners are receiving less than £100 per week in State Pension payments.

An estimated 19.2 million families and 39.8 million individuals across the UK currently in receipt of State Pension or benefits from the Department for Work and Pensions (DWP) and HM Revenue and Customs (HMRC) will see their payments go up by 10.1% next year.

Chancellor Jeremy Hunt has announced that State Pension, Pension Credit and benefits will be uprated in line with inflation next year. Delivering his Autumn Statement to the House of Commons on Thursday, Mr Hunt confirmed an increase of 10.1% from next April at a cost of £11 billion for the UK Government.