UK State Pension Payments Set to Rise – What You Need to Know! | 2025 State Pension Increase Explained
In April 2025, UK state pensioners will see a 4% increase in their weekly payments thanks to the government’s triple lock guarantee. But what does this mean for you? In this video, we break down how the new state pension and basic state pension will be impacted by this increase, and what steps you need to take to ensure you're getting the most out of your pension.
Key Takeaways:
Who benefits from the 2025 pension increase and by how much.
The difference between the new state pension and basic state pension.
How the 4% rise compares to rising living costs and energy bills.
Important updates on missing Home Responsibilities Protection (HRP) credits, and how around 210,000 women born before 1964 could be owed up to £5,000 in back payments.
What to do if you’re affected by National Insurance errors and how to claim back payments.
If you're nearing retirement or already receiving state pension payments, understanding these updates is crucial to ensuring you receive the support you deserve. Stay informed and take action to maximize your benefits.
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DISCLAIMER:
I am not a Visa Officer or Lawyer. This video is for educational purposes only. The content of the video is provided for general information purposes only and does not constitute legal or other professional advice. Ideas and opinions expressed are mine.
