More than 12,760 people have signed an online petition calling for Basic and New State Pension to be paid at the same rate.
More than 12,760 people have signed an online petition proposing that Basic State Pension payments rise to £221.20 each week even though the UK Government has already said it has “no plans to provide all pensioners born before 6 April 1951 with the New State Pension ”.
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.
Benefits DWP Retirement Personal Finance Cost Of Living
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