More than 55,000 people have signed an online petition proposing the rise.
More than 51,700 people have signed an online petition calling for a ‘universal’ weekly State Pension payment of nearly £550 in order to match the current hourly rate of the National Living Wage. Petition creator Michael Thompson also suggests making the option to claim State Pension available to everyone from the age of 60.
However, the DWP added that it is “committed to ensuring economic security for people at every stage of their life, including when they reach retirement”. This means that someone on the full New State Pension will receive £221.20 each week in 2024/25, providing an annual income of £11,502. The ‘provide all pensioners born before April 1951 with the New State Pension’ petition, has received more than 12,600 signatures of support so far.
Latest State Pension News The DWP gave a similar written response in its rejection last month, and explained how the New and Basic State Pension cannot be compared side-by-side. "This means that the State could pay them in excess of £200 a week on top of the basic State Pension, which may result in a much higher State Pension amount than the new State Pension."Get the latest Record Money news Join the conversation on our Money Saving Scotland Facebook group for energy and money-saving tips, the latest benefits news, consumer help and advice on coping with the cost of living crisis.
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