Half a million older people will not be due new State Pension pay rates next month
Millions of people claiming their State Pension can look forward to an inflation-busting boost next month 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 State Pension can expect an annual increase of £902, while those on the full Basic State Pension will see an uplift of £692.