It has been confirmed that 14,900 pensioners in Birkenhead will receive a 10.1 per cent increase in their Basic State Pension from this month.
This increase is a the biggest ever cash increase in the state pension and will automatically be applied to pensioners’ payments.
In addition to this uprating, pensioners will benefit from another £300 Pensioner Cost of Living Payment this winter, continuing the Conservative Government’s direct support for those groups most vulnerable to the effects of high inflation caused by Putin’s illegal war in Ukraine.
Pensioners across Birkenhead have been directly affected by high inflation as a result of Putin’s illegal war in Ukraine, so it is vital that we protect their incomes from these pressures.
The increase means that:
- The New State Pension will rise to £203.85 a week
- The old State Pension will rise to £156.20 a week
Commenting, Pensions Minister, Laura Trott said: "The effect of rising prices has been particularly challenging for the most vulnerable pensioners many of whom live on fixed incomes.
“That is why the Conservative Government has delivered on our commitment to protect the Triple Lock, giving 12.5 million pensioners an inflationary increase in their pension payments of 10.1 per cent from April.
“Protecting pensioners’ incomes from the effects of rising prices is a central part of our Conservative commitment to supporting the most vulnerable as we deliver on the Prime Minister’s five priorities.”
For those pensioners on a low income, Pension Credit can help to top up incomes - watch the video to find out more.
