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Glasgow Live
Glasgow Live
National
Robbie Purves & Alex Whilding & Abbie Meehan

Half a million DWP State Pension claimants to miss out on 10.1 per cent rise

Approximately 500,000 pensioners will be missing out on the State Pension rise next year.

The new comes despite the UK Government pledging to stick to the triple lock, reports North Wales Live. The Prime Minister also promised during the Autumn Statement that retirees would be "t the forefront of my mind".

Last week during the Autumn Statement, Chancellor Jeremy Hunt promised that pension payments will go up by 10.1 per cent in April 2023. This new rise will see the full basic State Pension increase by £14.85 a week - a rise of £18.70 a week, affecting millions of pensioners across the UK. However, many pensioners living overseas could miss out.

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Who won't get the State Pension increase?

New reports have said that almost 500,000 State Pension claimants, who now live overseas, will not receive the rise in payments.

This is due to the fact that they live in a country without any uprating agreement with the UK, meaning whenever they leave the country, their pension payments are frozen at that level.

In some of the worst cases, UK citizens who now live overseas are reportedly receiving as little as £25 per week. This includes some World War Two veterans who later moved to Commonwealth countries such as Australia and Canada.

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