People receiving the state pension could be about to benefit from a new government policy. That's because Therese Coffey - the Secretary of State at the Department for Work and Pensions - hinted pensioners will be set for an increase that matches soaring inflation.
The state pension is set to soar next year as the triple lock returns, reports Birmingham Live. The elderly are in line for an increase in pensions payments next year. Dr Coffey told the BBC: “We’re going back to our policy of the triple lock.
"I do recognise the average income of pensioners is very low.” She defended plans to rise the state pension in line with inflation while public sector workers are likely to face real-terms cuts.
