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Written question asked by Baroness Altmann (Conservative) on Monday, 2 October 2023, in the House of Lords. It was due for an answer on Monday, 16 October 2023. It was answered by Viscount Younger of Leckie (Conservative) on Monday, 16 October 2023 on behalf of the Department for Work and Pensions.


State Retirement Pensions: Uprating

Question

To ask His Majesty's Government what assessment they have made, if any, of the change in value of the full basic state pension weekly payment in 2023–24 if it had been linked only to consumer price index inflation since 2010.

Answer

The full weekly amount of basic State Pension would have been worth £139.10 in 2023-24 if it had been uprated by inflation (CPI) since 2010.


Secondary information

Type
Written question
Reference
HL10442
Session
2022-23
Subjects
State retirement pensions Uprating Consumer prices index
Link
View this Written question on www.parliament.uk