Personal Finance

State pension age: Can you get extra payment? Some could get up to £4635 a year from April

This means that working-age benefits will rise by 1.7 percent in line with inflation, having stayed at the same level since April 2015.

This includes legacy benefits including Jobseeker’s Allowance, Employment and Support Allowance, Income Support, Housing Benefit, Universal Credit, Child Tax Credits, Working Tax Credits and Child Benefit.

In April, the state pension is also set to rise, with this increase taking place under the triple lock mechanism.

This payment will increase by 3.9 percent, with the rise being tied to wage growth this year.

It will see the full rate of the UK’s new state pension rise to £175.20 per week – meaning an additional £344 per year.


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