There is some good news for millions of women in the UK claiming state pension.
The amount is set to rise this year, which will come as welcome news as inflation and the cost of living continues to increase.
From April 2022, millions of people will see their full basic state pension increase from £137.60 per week to £141.85.
Details of the increases are outlined here but the Government urges people to contact the Pension Centre if they are unsure how it impacts them or want more details.
The state pension is a two-tier system, made up of the old basic state pension, and the new state pension.
The older scheme is for women born before April 6, 1953, and men born before April 6, 1951, reports Manchester Evening News.
Those on this scheme can also expect increases to the state pension in the coming year.
A particular group of women in this category should note the details of the changes.
Those receiving the Married Woman’s Pension can expect an increase this year.
It is applicable to individuals on the older ‘basic’ state pension scheme. The full basic state pension has been confirmed to increase from April 2022 onwards.
It will rise from the current £137.60 per week, to a new rate of £141.85 weekly.
The Married Woman’s Pension is linked directly to the basic state pension. The sum is worth 60 percent of the rate of the basic state pension.
At present, married women who claim this will be receiving approximately £82.45 per week. However, 60 percent of £141.85 is calculated at £85.11 per week.
Consequently, this rise is expected for married women who are eligible in the coming month.
Across the year, this could be worth approximately £4,425.72, or £340.44 per month, says the Express.
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