Specific group of older people set to miss out on new State Pension pay rates starting in April
Millions of people claiming their State Pension can look forward to a bumper income boost this year when payments rise by 8.5 per cent from April 8, 2024. Under the wages growth measure of the Triple Lock policy, those on the full New Sate Pension can expect an annual increase of £902, while those on the full Basic (or Old) State Pension will see an uplift of £692).