The triple lock marches on…
The main state pensions will rise by 2.5% in April. The absence of an autumn Budget in 2020 meant that there was no formal announcement of the level of state pensions from April 2021. The numbers eventually emerged on 8 December in a press release from the Department for Work and Pensions: · The new state pension, which applies if you reach(ed) state pension age (SPA) after 5 April 2016 rises to £179.60 a week, an increase of 2.5%. If you are nearing your SPA (now 66, do not