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State pension: Frozen pension issue to be addressed 'shortly' - but 'no plans' to change | Personal Finance | Finance

| UPDATED: 14:48, Tue, Mar 2, 2021
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State Pension payments ultimately vary according to a person’s National Insurance contributions, however, the full sum currently stands at £175.20 per week. The Triple Lock Mechanism ensures pensioners receive an increase each year by the highest of the following: 2.5 percent, inflation, or average earnings growth. Due to Brexit, there were concerns pensioners who retired overseas could miss out on the annual uprating. ....

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State pension: You can increase your payments by almost 6% but it may raise tax costs

STATE pension payments can be boosted by deferring claims when a person reaches their retirement age. So long as they re referred for a specific amount of time, payment can be raised by almost six percent but this could also bring with it additional tax liabilities. ....

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State Pension forecast: How can I check how much State Pension I could get? The easy steps

STATE PENSION amounts are determined by the National Insurance contributions someone makes over their lifetime. So how can you find out how much State Pension you could get in the future? ....

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State Pension UK: Pension Credit payments could help retired Britons gain free TV licence | Personal Finance | Finance

| UPDATED: 22:14, Mon, Jan 11, 2021
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State Pension age Britons usually receive payments from the government after years of National Insurance contributions. The state pension provides important financial support to millions of people, and can be especially useful during retirement. But many are unaware they could receive additional payments from the government, which, in turn, could unlock other levels of support. ....

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