A new petition has been started
Campaigners are calling for a State Pension increase to match the National Minimum Wage. According to the Daily Record, a similar proposal was turned down by the Department for Work and Pensions last month.
The 2023/24 National Minimum Wage rate for those aged 23 and over is £10.42 per hour, which works out at £416.80 for a 40-hour working week. This would be an annual salary of £21,673. The petition continues: “A State Pension Age of 60 for all, based on 40 hours a week at the minimum wage, reflects that there has been a decline in improvements in life expectancy, and that health often deteriorates long before people are able to claim State Pension currently.”
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