25 pence per week WOW!!!

JohnSwift10

I got my letter from DWP about my April increase and it said from my 80th birthday in a few weeks I will get 25 pence weekly increase.

WOW!

bengal-stripe

https://forums.moneysavingexpert.com/discussion/6658055/25-pence-per-week-wow

If you get Pension Credit as well, this will get reduced by 25 pence so you'll get an increase of zilch.

Don't spend it all at once!

Silvertabby

https://forums.moneysavingexpert.com/discussion/comment/81909903#Comment_81909903

And the extra 25p is taxable, whereas the lost pension credit wasn't.

Dazed_and_C0nfused

https://forums.moneysavingexpert.com/discussion/comment/81909904#Comment_81909904

And if the extra 25p/week takes you over the income limit for paying back your winter fuel payment ouch!

JoeCrystal

Really should be abolished along the Xmas 'bonus'. If it was index-linked since 1971, it would be a mighty… £3.19 per week. Not even enough for a proper cup of coffee down the shop!

Silvertabby

https://forums.moneysavingexpert.com/discussion/comment/81909920#Comment_81909920

Exactly. The admin costs of paying the Christmas bonus must be more than the actual payments - but imagine the complaints if it were to be abolished!

NormalNorman

You'd never think we are a member of the G7 with this generosity, lol!

When my mum got this even she thought it should be scrapped to save the admin costs plus it would make you feel more valued as a citizen if it no longer existed.

BlackKnightMonty

that doesn’t sound right:

For 2026/27, the basic State Pension and new State Pension will increase by

4.8% in line with earnings growth11

.

 The individual basic State Pension rises by £8.45 per week (from £176.45

to £184.90) and the married rate (on one spouse’s contribution) rises by

£13.50 per week (from £282.15 to £295.65).

 The full new State Pension rises by £11.05 per week (from £230.25 to

£241.30).

https://researchbriefings.files.parliament.uk/documents/CBP-10403/CBP-10403.pdf

t0rt0ise

https://forums.moneysavingexpert.com/discussion/comment/81909991#Comment_81909991

They are talking about the extra 25 pence for reaching the age of 80. It has been 25p for ever.

Dazed_and_C0nfused

https://forums.moneysavingexpert.com/discussion/comment/81909920#Comment_81909920

It has effectively been abolished as it isn't part of the new State Pension system.

Although the (non taxable) £10 Christmas bonus is still a thing with the new State Pension.

Grumpy_chap

In this thread, please remember the sticky at the top of these pages

We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.