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Written question asked by Richard Graham (Conservative) on Monday, 29 April 2024, in the House of Commons. It was due for an answer on Wednesday, 1 May 2024. It was answered by Paul Maynard (Conservative) on Thursday, 2 May 2024 on behalf of the Department for Work and Pensions.


State Retirement Pensions

Question

To ask the Secretary of State for Work and Pensions, how much the full basic State Pension increased in cash terms between (a) 1997 and 2010 and (b) 2010 and 2024.

Answer

Between April 1997 and April 2010, the basic State Pension increased from £62.45 per week to £97.65 per week– representing an increase of £35.20 or 56 per cent in cash terms. The full yearly amount of the basic State Pension increased by £1,837.

Between April 2010 and April 2024 the basic State Pension increased from £97.65 per week to £169.50 – representing an increase of £71.85 per week or 74 per cent in cash terms. The full yearly amount of the basic State Pension increased by £3,749.


Secondary information

Type
Written question
Reference
24019
Session
2023-24
Subjects
State retirement pensions
Contains statistics
Yes
Link
View this Written question on www.parliament.uk