The Conservatives and Labour have committed to maintaining the Triple Lock guarantee on State Pensions until 2030
. The Times recently reported that Secretary of State for Work and Pensions, Mel Stride MP, said the Triple Lock would “almost certainly” be in next year’s Conservative manifesto.
The Bank of England's current September CPI forecast is 7%, which would see another bumper boost next April for people on the Basic and New State Pension over the 2024/25 financial year. This might also see disability benefits rise by the same uprating, but even an uplift of 2.5% would give people on the maximum awards for Personal Independence Payment , Adult Disability Payment , Disability Living Allowance or Child Disability Payment, receive over £708 every four-week pay period.
Attendance Allowance People over State Pension age claiming Attendance Allowance currently receive either £68.10 or £101.75 each week. As the benefit is usually paid every four weeks, this amounts to either £272.40 or £407 every payment period. An uprating of 7% would see claimants receive either £72.90 or £108.90 each week. This is equivalent to £291.60 or £435.60 every four-week pay period.Below are estimations on how much PIP and ADP claimants could receive from next April if a 2.5% or 7% uprating is applied.
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