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State pension to be boosted by £400 next year

Source: BBC

The Treasury expects the new full State Pension to be boosted above inflation by over £400 a year in cash terms, as a result of the triple lock next April.The internal working calculations seen by the BBC, reflect the near certainty that the state pension will be increased by average earnings figures released next week.The triple lock means that the state pension increases every April by whatever number is…

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Read the original source at BBC