More than 11,200 people have signed an online petition calling for Basic and New State Pension to be paid at the same rate.
The UK Government has said it has “no plans to provide all pensioners born before 6 April 1951 with the New State Pension” in response to an online petition calling for the change. More than 11,220 people have signed the petition proposing that Basic State Pension payments rise to £203.85 each week.
The DWP response states: “In 2023-24 we will spend over £151.1 billion on benefits for pensioners. This includes spending on the State Pension which is forecast to be £124.1 billion in 2023-24. “Although the systems are different, they both reflect the National Insurance contributions an individual has made over their lifetimes. It is not the case that everybody who receives the new State Pension will immediately receive the full rate of £221.20 per week. Nor is it the case that everyone in the pre-2016 system only receives the basic State Pension.”
DWP also said there are other reasons why it is not possible to make direct comparisons between the pre-2016 and new State Pension systems. Latest State Pension News Below are the new State Payment rates due to come into effect from April 8, 2024.Basic State Pension payment rates 2024/25 These payments will rise by 8.5%:
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