State pension set to rise by £460 next year
Source: BBC
The new full state pension is expected to rise by £460 a year from April, latest wages data suggests.Under the arrangement called the "triple lock", the state pension goes up each year by either 2.5%, inflation, or average earnings growth - whichever is the highest figure.Total pay for May to July - which the period used for the pension increase - rose at an annual rate of 4%, official statistics showed.The news…
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