DWP rule means half a million people will get £902 State Pension boost
manchestereveningnews.co.ukAround one in five people across the UK are set to receive a massive cash boost from next month, as the new State Pension rates are set to increase by as much as £902 each year for people on the full benefit.
Payments are set to increase by an inflation-matching 8.5 per cent from April 8 for the more than 12 million people claiming their pension, with a £692 bump for those on the old-style pension, with people claiming the new State Pension due to receive the higher boost of £902.
However, nearly 500,000 older people will not get any increase whatsoever in their pension payments, despite the eye-watering levels of inflation seen around the world since 2022.
This group of pensioners have been frozen out from any upratings to pensions, despite making their regular National Insurance contributions, reports the Daily Record. READ MORE: Martin Lewis says 'clock's ticking' as he urges millions to make £1 payment Anyone claiming the State Pension who might have fled to warmer climes in other countries has likely seen their monthly payments frozen at the level they were when they first left the UK, especially if that country does not have a pre-existing agreement with the UK Government.
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