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Rebekah Evans & Sonia Sharma

Warning over state pension as thousands set to miss out on upcoming cash boost

Thousands of people who receive state pension payments could miss out on extra cash.

Many rely on the sum increasing by the triple lock mechanism which is the highest of 2.5%, inflation or average earnings. However, the increase is not guaranteed for everyone as there are eligibility rules to factor in.

These specifically relate to where a person decides to live, as this can impact the increases they can receive, reports The Express. The state pension only increases in the following places - The UK, European Economic Area (EEA), Gibraltar, Switzerland, and countries with a social security agreement with the UK (but not Canada or New Zealand).

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