Pre Budget Report 2009 - State Pension

The basic State Pension will increase by 2.5% in April 2010 to £97.65 per week for a single person and £156.15 for couples. The Government promised to increase the rate by the higher of 2.5% and inflation: as inflation has currently gone into reverse, this increase represents a larger than normal benefit- even if it is still very small in real terms.

Designated Members : M.J. Jay, F.C.A. • P.E. Farrow, F.C.C.A., A.C.A. • J.W. Hall, F.C.C.A., A.C.A. • J.R. Turner, Dip. P.F.S., A.I.F.P. • R.D. Gray, A.C.I.B. • S.J. Edwards, A.C.A.
Member: S.T. Boote, B.Sc (Econ), F.C.A.

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