New update on call for Basic State Pension payments to rise to £203 each week
19.03.2024 - 09:29
/ dailyrecord.co.uk
An online petition urging the UK Government to increase the current Basic State Pension payment rate from £156.20 to £203.85 each week has now passed the 10,000 signature threshold and is entitled to an official written response, most-likely from the Department for Work and Pensions (DWP).
More than 10,190 people have signed the e-petition at the time of writing, calling for the Basic and New State Pension payments to be aligned. Nearly 12.7 million people across the UK or living abroad are in receipt of the State Pension, which includes 9.3m on the Basic and 3.4m on the New.
State Pensions are set to rise by 8.5 per cent from April 8, which means that someone on the full rate of the Basic State Pension will see payments go up from £156.20 per week to £169.50 - £678 each four-weekly pay period. During the 2024/25 financial year, this is an increase of £692, taking the annual income from £8,122 to £8,814.
However, someone on the full New State Pension will receive £221.20 per week - £884.80 each pay period. Their total annual income from State Pension alone this year will rise from £10,600 to £11,502.
The ‘provide all pensioners born before April 1951 with the New State Pension’ petition, has been created by Andrew Mills and posted on the petitions-parliament website. At 10,000 signatures, it will be entitled to a written response from the UK Government.
The petition states: “We would like the Government to provide all pensioners born before 6 April 1951 with the new state pension. The full new State Pension is over £200 more a month than the full basic pension. We believe this is unfair, and unjustifiable.
“We are expected to survive on less than other pensioners. We would like the same pension entitlement as people who