"we are doubling down in delivering for pensioners"


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We back Britain’s pensioners. It’s as simple as that. From our Triple Lock guarantee, introduced of course by a Conservative government, to the billions of pounds of pensioner Cost of Living


Payments, we have ensured that this country’s pensioners have been financially supported as our plan for the economy has helped the country turn a corner. I know how important financial


security for our pensioners is to Daily Express readers. And so we are doubling down on this today by increasing State Pensions by 8.5%, putting more money in pensioners’ pockets than ever


before. Pensioners are set to receive up to £900 more a year from today’s changes. It follows last year’s highest ever cash increase to State Pensions of 10.1% and the near £5 billion of


support issued to help pensioners through Winter. The average award for Pension Credit is now worth over £3,900 to help those on the lowest incomes. The full yearly basic State Pension will


now be £3,700 higher than in 2010 and the New State Pension rate will exceed £11,500 a year. The extra financial security for pensioners we’ve provided has made a real difference, with


200,000 fewer pensioners in poverty today. But I believe, as a matter of principle, in a fair reward for the hardworking people that have been the bedrock of our economy for decades. Under


this Government’s watch the State Pension will continue to be a foundation for income in retirement for generations to come, so pensioners can retire with the security and dignity they


deserve.