Older people could be due weekly State Pension boost of up to £306 from April

dailyrecord.co.uk:

State Pension payments are set to increase by 10.1 per cent from April for merely 12.5 million people across Great Britain, 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.

Of the overall total, there are 10.1 million older people receiving Basic State Pension payments of up to £141.85 per week (rising to £156.20 in April), compared to 2.4 million getting the New State Pension, which is worth up to £185.15 each week (rising to £203.85 in April).Helen Morrissey, senior pensions and retirement analyst at Hargreaves Lansdown warns at least some of those on the lowest State Pension payments could be missing out on Pension Credit, a benefit delivered by the Department for Work and Pensions (DWP) which is worth more than £3,500 each year in financial support, discounts and other benefits which could increase their income.Ms Morrissey explained: “The new State Pension has done much to boost the financial resilience of women in retirement and close the gap with men.

This is great news but the comparison between what women receive on the new and basic rate pension systems is stark - on average more than £18 per week.“We also forget that many people do not receive anywhere near the full amount of State Pension and there are currently 1.8m people receiving less than £100 per week.