state-pension / English

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There's been a lot of talk about the state pension rising by £473 a year, but the reality for millions of older people is very different, says the Mirror's head of business Graham Hiscott

It comes as people face higher costs as we head into winter

The BBC and ITV star has rushed to re-emphasise the importance of applying for Pension Credit, which is worth £3,900 to people who are eligible.

State Pension pay rates next year will push even more pensioners over the £12,570 personal allowance threshold.

Financial expert has issued a fresh warning to people, urging them to invest £825 to boost their state pension by up to £5,400.

Under the Triple Lock, both the New and Basic State Pensions from the Department for Work and Pensions (DWP) is set to rise.

Thanks to the Triple Lock rule, under the earnings growth figure of 4.1 per cent, individuals on the full New State Pension will see payments increase by £9.10 per week from £221.20 to £230.30.

The new figures from the ONS will influence the Triple Lock uprating for the full New and Basic State Pensions from April 2025

The new figures from the ONS will influence the Triple Lock uprating for the full New and Basic State Pensions from April 2025

It comes as people face higher costs as we head into winter

It comes as people face higher costs as we head into winter

Mr Lewis, the BBC and ITV star, explained how deferring your state pension "works out" maths-wise for Money Saving Expert subscribers and readers amid the Cost of Living crisis.

The State Pension looks likely to rise by up to £9.10 a week when it next goes up

Mr Lewis, the BBC and ITV star, has urged people to part with £824 to buy a missing year in your National Insurance record which can boost your pension pot massively.

State pensioners are on course for another inflation-beating pay rise next April.

Pensions are governed by the “triple lock”

The latest inflation figures were notably lower than expected

The latest inflation figures were notably lower than expected

The consumer champion shares two simple checks people under 73 can do to boost retirement payments.