New State Pension petition calling for £380 weekly payments due DWP response

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New State Pension petition calling for £380 weekly payments due DWP response
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The petition is also asking for the official age of retirement to go back to 60

An online petition calling on the UK Government to set a minimum level of weekly State Pension payments of £380 for everyone over the age of 60, arguing that the current rates are “far too low”, has passed the 10,000 signature threshold which triggers an official response. More than 50,500 people have shown their support for the suggested changes.

State Pension increases every April as part of the Triple Lock rule, however, this was temporarily suspended until April 2023 as a direct result of the economic impact of the coronavirus pandemic. The petition is set to close on December 8, 2022 and can be viewed on the petitions-parliament website here.

The average earnings benchmark was suspended for the 2022/23 financial year, but the DWP has insisted this was a temporary measure and the Triple Lock will be reinstated for the 2023/24 financial year.

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