In the 2020/21 tax year, which commenced in early April, pensioners witnessed an increase of 3.9 percent in line with average earnings.
Dependent upon circumstances, and indeed years of eligible work, pensioners are entitled to different amounts of the State Pension.
At a maximum, pensioners can expect to receive £134.25 per week if they retired before April 6, 2016.
If retiring after this date, pensioners are entitled to the New State Pension which can offer a maximum of £175.35 per week.
Published at Wed, 06 May 2020 06:30:00 +0000