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'Lucky generation' of Baby Boomer pensioners get a £692 a year boost from today - but retirees are warned three-quarters of the rise is being wiped out by Jeremy Hunt's 'stealth' taxes as Chancellor takes 'bolt cutter' to triple lock pledge

Those on the full basic state pension will see their payments increase by £13.30 a week to £169.50, pushing it up by £692 to around £8,800 a year.
United Kingdom Jeremy Hunt Mel Stride Paul Johnson Institute For Fiscal House Of Commons Library

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