State Pensions
The latest news, updates and opinions on State Pensions from the expert team here at MoneyWeek
Latest
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State pension age may rise to 71 – when will you get yours?
News Research warns the shrinking workforce and rising life expectancy may push up the state pension age
By Marc Shoffman Published
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State pension underpayments: HMRC contacts thousands of women over £1.3bn missing payments
News An estimated 210,000 women have missed out on state pension payments due to government errors. HMRC has started sending out letters to those affected - we explain who will receive one, and what to do if you think you're owed money but don't get a letter.
By Nicole García Mérida Last updated
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State pension triple lock should be scrapped, says IFS
The Institute for Fiscal Studies has called for the triple lock to be replaced, and says the state pension age should only rise when life expectancy rises. But would its suggestions work?
By Ruth Emery Published
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£500 million state pension underpayments identified - are you owed money?
News The DWP has so far identified £500m in state pension underpayments between January 2021 to October 2023. We explain how to check if you’ve been affected and how to claim your money back.
By Nicole García Mérida Last updated
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What is the state pension triple lock?
The triple lock gets a lot of mentions in the political arena, and millions of pensioners rely on it to boost their income each year. But how does it work exactly and could it be scrapped in future?
By Ruth Emery Last updated
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State pension gap: £2,600 shortfall to secure “basic retirement”
The state pension will rise 8.5% in April, reaching £11,502 a year. But that is still some way below the amount of money needed for a basic retirement income.
By Ruth Emery Last updated
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Thousands of pensioners to be dragged into income tax net due to state pension boost
An extra 650,000 pensioners will have to start paying income tax as a result of next April’s 8.5% state pension increase
By Ruth Emery Last updated
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Autumn Statement: state pension to jump 8.5% from April as triple lock is honoured
Pensioners will see a second straight large hike to state pension payments, going up 8.5% next year under the triple lock system
By John Fitzsimons Published
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Inflation fall piles pressure on government over state pension triple lock decision. Is a 8.5% rise still on the cards?
The big drop in inflation to 4.6% raises questions over whether an 8.5% rise in the state pension will be honoured in April, as critics argue it wouldn’t be fair or sustainable.
By Ruth Emery Last updated